Other Things Equal, the Supply of Index Cards Is Likely

question 82

Multiple Choice

Other things equal, the supply of index cards is likely to be affected by all of the following except one.Which is the exception?

• A)the price of wood pulp used in the production of index cards
• B)the technology in the index card production process
• C)the price of index cards
• D)the price of packaging material (a substitute in production)
• E)the future price of index cards expected by producers

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Definitions:

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related outcome.

Neuroticism

A personality trait characterized by the tendency toward anxiety, moodiness, worry, and other forms of emotional instability.

Openness

One of the Big Five personality traits, characterized by imagination, creativity, and a willingness to experience new things.

Agreeableness

Agreeableness is a personality trait that signifies how cooperative, warm, and kind an individual is towards others.