Examlex
Equilibrium quantity will always increase if:
Internalized Control
A psychological process where individuals regulate their own behavior through internalized standards and norms.
Externalized Control
Externalized Control is a psychological concept referring to the belief that one's life and outcomes are predominantly controlled by external forces rather than one's own efforts or abilities.
Informal Sanction
A non-official punishment or reward within a society used to enforce social norms, such as shunning or praise.
Formal Sanctions
Officially recognized actions, penalties, or rewards intended to enforce compliance with laws, rules, or social norms.
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