Suppose Demand Increases and Supply Increases

question 81

Multiple Choice

Suppose demand increases and supply increases. Which of the following will happen?

• A) Equilibrium price will rise, fall, or stay the same while equilibrium quantity will decrease.
• B) Equilibrium price will rise, fall, or stay the same while equilibrium quantity will increase.
• C) Equilibrium quantity will rise, fall, or stay the same and equilibrium price will increase.
• D) Equilibrium quantity will rise, fall, or stay the same while equilibrium price will decrease.
• E) The change in equilibrium price and quantity cannot be determined.

Analyze the impact of cultural and social norms on aggression expressiveness and acceptability.

Understand the principles underlying aggressive behavior, including frustration-aggression principle and reinforcement of aggression.

Evaluate the effects of exposure to violence, including pornography, on aggression levels and perceptions towards aggression.

Recognize the importance of parental and social modeling in the development and curtailment of aggressive behaviors in children.

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Definitions:

System-1 Thinking

A fast, automatic, intuitive, and emotional way of thinking and decision-making, contrasted with more deliberate and logical System-2 thinking.

Situational Cues

Environmental or contextual signals that influence an individual's behavior, perception, or decision-making in specific situations.

Heuristic Shortcuts

Simple, efficient rules which people often use to form judgments and make decisions, sometimes leading to cognitive biases.

Stereotyping Heuristic

A mental shortcut that allows individuals to make quick judgments about people or situations based on generalizations or stereotypes.