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  • ICAR and TNAU E-Course Summarized

    Summarized Notes
  • As people’s incomes increased over the past 100 years more and more people have been visiting the national parks. This is an example of

    Question: As people’s incomes increased over the past 100 years more and more people have been visiting the national parks. This is an example of

    Options:

    An increase in quantity demand
    An increase in demand*
    A decrease in quantity demanded
    A decrease in demand

    ✅Explanation:
    Demand refers to consumers' willingness and ability to purchase a good or service at a given price. In this case, as income rises, more people can afford and are willing to visit national parks. This signifies an increase in overall demand for national park visits.
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