Vince Is Watching His School's Team Play in the Championship

question 30

Multiple Choice

Vince is watching his school's team play in the championship basketball game. He is wildly cheering his team on to victory, talking to everyone around him, even though they are strangers, and shouting at the referees for making bad calls on his team. From
Psychologist Walter Mischel's perspective, Vince is primarily behaving due to

• A)his extremely strong competitiveness and extraversion.
• B)his extremely strong long-term commitment to the basketball team.
• C)the extremely strong effects of the six tacos he ate for lunch.
• D)the extremely strong effects of the immediate situation.

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Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity of that good consumers are willing to buy.

Long-Run Equilibrium

A state in economics where all factors of production and economic variables are in balance, and no external pressures are causing change.

Marginal Cost

The additional expenditure required to produce one more unit of a product or service.

Marginal Revenue Curve

A graphical representation showing how marginal revenue varies with changes in the quantity of goods or services sold.