Suppose the Demand for Calendars Increases in November

question 113

True/False

Suppose the demand for calendars increases in November. At the same time, the price of the ink used in the production of calendars increases. In the market for calendars, if the size of the shift of the demand curve is larger than the size of the shift of the supply curve, then the equilibrium quantity rises.

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Definitions:

Behavior Modification

A therapeutic approach that seeks to change potentially self-destructive or undesirable behaviors through conditioning techniques.

Antecedents

Factors or events that precede and are considered to cause or influence an outcome or behavior.

Servant-leadership

A leadership philosophy in which the main goal of the leader is to serve. This is different from traditional leadership where the leader's main focus is the thriving of their company or organizations.

Greenleaf

A reference likely to Robert K. Greenleaf, who promoted the concept of servant leadership.