If There Is an Increase in Demand, Total Surplus

question 176

Essay

If there is an increase in demand, total surplus:
A.will increase.
B.will decrease.
C.will remain the same.
D.may change, but we can't tell how.

---

Definitions:

Minority Groups

Communities or groups that are smaller in number compared to the majority and often face differences in treatment or access to power.

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states such as pride or despair.

Self-attributions

The process by which individuals explain the causes of their own behavior and events, implicating their own personal characteristics or external situations.

Explanatory Styles

The ways in which individuals habitually interpret and explain events happening around them, often associated with optimism or pessimism.