(Figure: Interpreting Market Shifts) the Graph Shows How Supply and Demand

question 253

Multiple Choice

(Figure: Interpreting Market Shifts) The graph shows how supply and demand increased between the years 2011 and 2012. The final effect is that:

• A) only price rose.
• B) only quantity rose.
• C) both price and quantity fell.
• D) both price and quantity rose.

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Definitions:

Scales

Instruments or tools used for measuring or quantifying the magnitude of a variable; in psychology, often refers to questionnaires or tests.

Minnesota Multiphasic

Refers to the Minnesota Multiphasic Personality Inventory (MMPI), a standardized psychometric test of adult personality and psychopathology used to aid in the assessment of mental health disorders.

Personality Inventory

A questionnaire designed to reveal aspects of an individual's character or psychological makeup, often used in psychological assessments.

Profile

A description or analysis of a person's psychological, behavioral, or characteristic patterns used for identification or assessment purposes.