Refer to the Information Provided in Table 3 -Refer to Table 3

question 121

Multiple Choice

Refer to the information provided in Table 3.1 below to answer the question(s) that follow.
Table 3.1
$$\begin{array} { | c | c | c | } \hline \text { Price per Pizza } & \begin{array} { c } \text { Quantity Demanded } \\\text { (Pizzas per Month) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Pizzas per Month) }\end{array} \\\hline \$ 3 & 1,200 & 600 \\\hline 6 & 1,000 & 700 \\\hline 9 & 800 & 800 \\\hline 12 & 600 & 900 \\\hline 15 & 400 & 1,000 \\\hline\end{array}$$
-Refer to Table 3.1. If the price per pizza is $12, the price will

• A) remain constant because the market is in equilibrium.
• B) increase because there is an excess demand in the market.
• C) decrease because there is an excess demand in the market.
• D) decrease because there is an excess supply in the market.

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Definitions:

Fixed Traits

Characteristics or attributes of an individual that are seen as permanent and unchangeable.

Perceived Helplessness

The belief that one has no control over their environment and outcomes, leading to a lack of effort to change or improve situations.

Time Course

The sequence of events or phases that something undergoes over a period.

Dispositional Attribution

The process of attributing behavior to internal factors, such as personality traits, beliefs, or attitudes.