In a Market the Demand Curve Is Given by P

question 2

Multiple Choice

In a market the demand curve is given by P = 120 - 2q and supply by P = q.What is PS in the market equilibrium?

• A)PS = 1600
• B)PS = 3200
• C)PS = 1200
• D)PS = 800
• E)None of the above.

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Definitions:

Different Perspectives

Viewing situations, issues, or concepts from various angles or viewpoints to gain a broader understanding.

Narrative Therapist

A professional who employs narrative therapy, a therapeutic approach that encourages patients to tell their stories and see their problems as separate from themselves.

Constructivist Therapies

Psychotherapeutic approaches focusing on how people construct their own worldview and reality, highlighting personal meaning-making in coping with life challenges.

Psychoanalytic Therapists

Therapists who use theories and techniques based on the psychoanalytic tradition, focusing on unconscious processes influencing behavior.