If the Unexpected Short-Run Fluctuations in Demand Begin to Look

question 35

Multiple Choice

If the unexpected short-run fluctuations in demand begin to look permanent:

• A)the firms would allow their prices to change accordingly.
• B)the firms would be hesitant to allow their prices to change accordingly.
• C)the firms would not allow their prices to change.
• D)the firms would change the quality of their products but not the prices.

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Definitions:

Lives Incomplete

A subjective feeling or belief that one's life is not fully fulfilled or finished.

Parenting

The process of raising and nurturing children from infancy through adulthood.

Mothers

Adult female parents who have given birth to, adopted, or otherwise taken on the nurturing and raising of children.

Fathers

Male parents who contribute to the conception, raising, or emotional support of their child or children.