Suppose That the Equilibrium Price and Quantity of New Houses

question 72

Multiple Choice

Suppose that the equilibrium price and quantity of new houses both increase. Which of the following could be a cause of this change?

• A)The supply of new houses increased and the demand for new houses did not change.
• B)The supply of new houses decreased and the demand for new houses did not change.
• C)Both the supply and the demand for new houses increased and the supply increased by more than the demand.
• D)The demand for new houses increased and the supply did not change.
• E)Both the supply and demand for new houses decreased.

Understand the structure and components of effective negative messages.

Identify the proper sequence for delivering negative messages to superiors, subordinates, and peers.

Recognize the importance of planning and strategizing before composing a negative message.

Understand how to prevent psychological reactance in negative communication.

---

Definitions:

Research Participants

Individuals who take part in a research study, providing data or undergoing certain conditions for the purpose of scientific inquiry.

Asch Line-length Experiment

A social psychology experiment demonstrating the power of conformity, where individuals doubted their own perceptions in a group setting to match the group opinion.

Embarrassment

A emotional state resulting from an awareness of having done something socially or morally unacceptable or ridiculous.

Cheating

The act of being dishonest or unfair in order to gain an advantage, especially in a learning or competition context.