Researchers Just Released the Results of a Study That Shows

question 90

Multiple Choice

Researchers just released the results of a study that shows much of the shellfish eaten contains chemicals that some consider unsafe for consumption.What will likely result from this new information?

• A) The demand for shellfish will increase.
• B) The supply of shellfish will decrease, causing a decrease in the price.
• C) The demand for shellfish will increase at every price.
• D) The demand for shellfish will decrease at every price.
• E) The demand for shellfish will likely remain the same, but the market price will adjust.

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Definitions:

Sales Clerk

An employee typically found in retail settings responsible for processing sales transactions, assisting customers, and managing inventory.

Incentives

Forms of motivation aimed to encourage people towards certain behaviors or actions by offering rewards.

ERG Theory

A motivation theory developed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth needs, suggesting that individuals are motivated to fulfill these needs in a hierarchical order.

Clayton Alderfer

A psychologist known for developing ERG theory, which categorizes human needs into existence, relatedness, and growth categories.