If It Is Discovered That Using a Smartphone Regularly Causes

question 70

Multiple Choice

If it is discovered that using a smartphone regularly causes brain cancer, then in the market for smartphones,

• A)equilibrium price will fall and equilibrium quantity will rise.
• B)equilibrium price and equilibrium quantity will fall.
• C)there will be no change in equilibrium price or quantity.
• D)equilibrium price will rise as demand for computers decreases.
• E)equilibrium price will rise as supply decreases.

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Definitions:

Human Behaviour

The range of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, values, and genetics.

Prevailing Viewpoints

The most widely accepted perspectives or opinions on a particular topic within a group or society.

Forces

Influences or powers that cause an object to undergo a certain change in motion, direction, or shape.

Psychological Disturbances

A range of psychological problems or disorders that affect an individual's thinking, feeling, mood, and behavior.