Allison Carefully Avoids Doing What Everyone Else Does

question 81

Multiple Choice

Allison carefully avoids doing what everyone else does. She goes out of her way to make sure that she does not dress the same way as others of her age. She spends a lot of time and effort to ensure that she will not be caught "in style." Her behaviour would be called:

• A) bandwagon effect.
• B) decision polarization.
• C) independence.
• D) anticonformity.

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Definitions:

Rent Controls

are government policies or laws that limit the amount landlords can charge for leasing properties to protect tenants from rapid increases in rent.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Shortage

A situation in which demand for a good or service exceeds its supply in a market.

Demand And Supply

Economic model describing the interaction between the desire of consumers to buy goods at certain prices and the quantity of goods that producers are willing to sell at those prices.