Economists Say There Has Been a Change in Demand When

question 164

Multiple Choice

Economists say there has been a change in demand when there is

• A)a movement along the demand curve.
• B)a shift of the demand curve.
• C)a shift of the supply curve.
• D)a price change.
• E)a quantity change.

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Definitions:

Johari Window

A model used to improve understanding between individuals within a team or group, highlighting self-awareness and mutual understanding by dividing personal awareness into four areas: open, hidden, blind, and unknown.

Self-description

The way an individual describes or perceives themselves, often reflecting their beliefs, attitudes, and values.

Discussion

The act of talking about something with another person or a group in order to exchange ideas or opinions.

Openness

The willingness to consider new ideas, experiences, and information, often characterized as a dimension of personality.