Examlex
Which of the following changes does NOT cause a change in demand?
Lack of Confidence
A state where consumers or investors are hesitant to spend or invest due to pessimism about economic conditions.
Ultimatum Game
A game in experimental economics where two players decide on how to divide a sum of money; the first player proposes a division, and the second player can either accept or reject it.
Fairness
The equity or impartiality in treatment, judgments, and allocation of resources among individuals or groups.
Maximization
Maximization involves choosing the best feasible option, given a set of constraints, to achieve the highest possible level of an objective, such as profit, satisfaction, or efficiency.
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