Which of the Following Is False

question 22

Multiple Choice

Which of the following is false?

• A) If demand increases and supply decreases, equilibrium price will go up.
• B) If demand remains constant and supply increases, equilibrium price will go down.
• C) If demand decreases and supply increases, equilibrium price will rise.
• D) If supply is unchanged and demand decreases, equilibrium price will fall.

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Definitions:

Social Schemas

Mental structures that represent and organize knowledge about social concepts, roles, and dynamics.

Co-variation Inferences

Logical deductions made when determining the cause of an observed effect by noting the time or situation when the effect varies.

Ingroup

A group to which a person identifies as being a member, often leading to a sense of belonging and loyalty.

Internal Attribution

The inference that a person is behaving in a certain way because of something about the person, such as attitude, character, or personality.