Asked by Ogheneruno Siakpebru on Jun 04, 2024
Verified
When Pope Paul VI issued a decree allowing American Catholic bishops to end year-round meatless Fridays,except during Lent,the effect in terms of supply and demand was to cause
A) an increase in demand for fish.
B) a decrease in demand for fish.
C) an increase in supply for fish.
D) a decrease in supply for fish.
Pope Paul VI
A former leader of the Catholic Church, known for his efforts in addressing societal changes and promoting peace.
Meatless Fridays
A practice primarily observed within some Christian denominations where adherents abstain from consuming meat on Fridays, particularly during Lent, as a form of penance or spiritual discipline.
Demand
The desire of buyers or consumers for a particular good or service, backed by the ability and willingness to pay for it.
- Appreciate the effect of distinct components including income, related goods' price levels, and taste or population changes, on the shifting of the demand curve.
- Identify the role of advertising and external changes (e.g., technological, socio-economic) in affecting demand for goods.
Verified Answer
Learning Objectives
- Appreciate the effect of distinct components including income, related goods' price levels, and taste or population changes, on the shifting of the demand curve.
- Identify the role of advertising and external changes (e.g., technological, socio-economic) in affecting demand for goods.
Related questions
Factors Which Quickly and Directly Affect Market Demand Include All ...
An Increase in Demand Is Defined as an Increase in ...
When the Demand for CDs Rises,buyers Will Purchase More CDs ...
Raclette Is a Popular Wintertime Dish in Switzerland ...
Which Factor Would Shift the Demand Curve for New Textbooks ...