Which of the Following Is True

question 78

Multiple Choice

Which of the following is true?

• A) If demand decreases, equilibrium price increases.
• B) If demand increases, equilibrium price decreases.
• C) If demand decreases, the demand curve shifts to the left.
• D) If demand decreases, the demand curve shifts to the right.

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Definitions:

Chameleon Effect

The unintentional imitation of the body positions, gestures, facial expressions, and various behaviors of individuals one is interacting with.

Natural Mimicry

The innate or instinctual capability of an organism to imitate or replicate the appearance, behaviors, or sounds of other species or objects.

Informational Social Influence

The effect of other people's behavior providing information about what is appropriate, leading individuals to conform to what they perceive as accurate based on others' actions or claims.

Mood Linkage

The phenomenon where an individual's emotional state influences or mirrors the emotions of those around them.