Under What Circumstances Will an Increase in Supply Have No

question 114

Multiple Choice

Under what circumstances will an increase in supply have no effect on the quantity traded of a product.

• A) If the demand increases by the same amount.
• B) Graphically, if the demand curve is vertical.
• C) Graphically, if the demand curve is horizontal.
• D) Graphically, if the supply curve is downward-sloping.

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Definitions:

Preoperational Thinking

A stage in Piaget's theory of cognitive development where children from ages 2 to 7 engage in symbolic play and struggle with logic and taking the perspective of others.

Ageism

Discrimination or prejudice against individuals or groups based on their age, often directed towards older adults.

Foreclosure

Identity status, described by Marcia, in which a person who has not spent time considering alternatives (that is, has not been in crisis) is committed to other people’s plans for his or her life.

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