A Decrease in Price of a Certain Good Most Likely

question 142

Multiple Choice

A decrease in price of a certain good most likely will lead to

• A)an increase in quantity demanded and an increase in demand.
• B)an increase in quantity demanded but no change in demand.
• C)an increase in demand but no change in quantity demanded.
• D)no change in demand and no change in quantity demanded.

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Definitions:

"You" Statements

Communications that focus on the person being spoken to, often used to express feelings or make observations without assigning blame, but can also lead to defensive reactions if perceived as accusatory.

Self-determination

The right or ability of people, especially nations or groups, to shape their own destiny without external compulsion or interference.

Empathy

The ability to understand and share the feelings of another person.

Attentive Listening

The practice of listening actively with all senses, as a sign of respect and interest in what the speaker is saying.