-Refer to Exhibit 3-6

question 167

Multiple Choice

-Refer to Exhibit 3-6.If D₁ is the relevant demand curve,a decrease in the price of good X may cause

• A) demand to shift from D₁ to D₂.
• B) demand to shift from D₁ to D₃.
• C) a movement along D₁ from point A to point B.
• D) a movement along D₁ from point A to point C.

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Definitions:

Attitudes

A learned predisposition to respond in a consistently favorable or unfavorable manner with respect to a given object.

Personality

The blend of traits or attributes that shape a person's unique personality.

Stereotyping

The act of attributing specific behaviors or characteristics to individuals based solely on their membership in a particular group.

Surface-Level Differences

Variations among individuals based on visible traits such as age, race, and gender, which do not necessarily reflect their underlying capabilities.