An Increase in the Number of Consumers

question 315

Multiple Choice

An increase in the number of consumers

• A) results only in a movement along the demand curve.
• B) shifts the supply curve leftward.
• C) shifts the demand curve rightward.
• D) Both answers B and C are correct.

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Definitions:

Stereotypes

Overgeneralized beliefs about a particular category of people, which can lead to prejudiced attitudes and discriminating behaviors.

Generalizations

The process or result of forming broad statements or conclusions that apply beyond the original situation, often based on limited evidence.

Socializing

The activity of mixing socially with others, promoting interpersonal relationships.

Attitude Component

Components that make up attitudes, typically including cognitive (beliefs), affective (emotions), and behavioral (actions) elements.