Bret Has Poor Grades and Frequent Problems in School and After

question 99

Multiple Choice

Bret has poor grades and frequent problems in school and after school. His parents are most likely

• A) authoritative.
• B) authoritarian.
• C) consistent.
• D) permissive.
• E) neglecting.

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Definitions:

Decrease in Demand

refers to a situation where consumers' desire and ability to purchase a product or service diminishes, leading to a downward shift in the demand curve.

Short Run

A time period in economics during which at least one input (such as plant size) is fixed and cannot be changed.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing full adjustment to changes.

Average-Total-Cost Curve

A graphical representation in economics that shows how the average total cost of production changes as the quantity of output is altered.