A/an _________________ Occurs When an Expectation Exists That Something Will

question 21

Multiple Choice

A/an _________________ occurs when an expectation exists that something will happen, and a person behaves in a way (often unconsciously) that actually makes it more likely that the anticipated event will occur.

• A) interpersonal reinforcement
• B) front-stage activity
• C) self-fulfilling prophecy
• D) demand-action pattern

---

Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at different prices.

Total Revenue

The total amount of money a firm receives from sales of its products or services, calculated by multiplying the price per unit by the total number of units sold.

Price-inelastic

Price-inelastic describes a situation where the demand for a product or service is relatively unresponsive to changes in its price.

Linear Demand Curve

A graphical representation showing a straight-line relationship between the quantity demanded of a good and its price.