Suppose That the Demand and Supply Curves in the Market

question 103

Multiple Choice

Suppose that the demand and supply curves in the market for apples have the following functional forms: Q_D = 250 - 4p and Q_S = 10 + p.The equilibrium quantity and price would then be

• A)Q = 48,p = 58.
• B)Q = 58,p = 48.
• C)Q = 68,p = 98.
• D)Q = 68,p = 108.
• E)Q = 92,p = 48.

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Definitions:

Repression

A defense mechanism in which distressing thoughts and memories are unconsciously forced from the conscious mind to the unconscious.

Therapy

The treatment of psychological or emotional disorders and difficulties through the use of psychological techniques designed to encourage communication of conflicts and insight into problems.

Transference

A psychoanalytic concept where emotions and desires originally associated with one person are unconsciously redirected onto another.

Resistance

In a psychological context, it refers to the opposition or reluctance to accept or comply with therapy, change, or introspection.