Consider whether the Law of Demand holds in the following situations. The price of anti minus venom serumanti−venom serum, sold to those with snake bitessold to those with snake bites, increased from $45 to $52, but consumption has still remained the same. In this situation, the Law of Demand .A. does not hold, since the product is not sold in normal markets, so it cannot follow the Law of Demand. B.holds, since the Law of Demand must hold for all goods in all instances. C.does not hold, since the product sold is required for survival, so increasing the price did not affect consumption. D.holds, since a change in the price of the product resulted in a change in the quantity demanded of the product.

C. does not hold, since the product sold is required for survival, so increasing the price did not affect consumption

Explanation:

The law of demand simply stated that when the price of a particular good increases, people will buy less of that product and when there is reduction in the price of the good, consumers will buy more of that particular product.

In the scenario in the question, the law of demand doesn't hold because despite the rise in price, the quantity demanded doesn't change.

Therefore, the correct option is C.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.