Economists Use a ___________________ Framework to Explain How the Prices

question 17

Multiple Choice

Economists use a ___________________ framework to explain how the prices and quantities of goods and services are determined in a free-market economic system.

• A) opportunity
• B) marginal cost
• C) supply-and-demand
• D) anti-monopoly

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Definitions:

Maintenance Stage

A phase in behavior change where individuals work to sustain the new behavior over time.

External Rewards

Incentives provided by external sources, such as money, grades, or praise, to motivate behavior.

Predisposing Factors

Conditions or attributes that make an individual more susceptible to developing a disease or injury.

Reinforcing Factors

Elements or influences that strengthen a particular behavior or response, making it more likely to occur.