Even Though Brooke Has Never Met Any Supermodels, She Has

question 215

Multiple Choice

Even though Brooke has never met any supermodels, she has developed a prejudice against them through listening to her friends' insults and jokes about models' intelligence and through reading unfavorable portrayals of them in magazines. Brooke's case would best support a __________ theory of prejudice formation.

• A)motivational
• B)biological
• C)learning
• D)dissonance

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Definitions:

Equilibrium

A state in a market where supply equals demand, and there is no incentive for prices to change, resulting in market stability.

Economic Rent

The extra amount earned by a resource above what would be needed to keep that resource in its current use, often due to scarcity or unique qualities.

Factor Of Production

Essential resources used in the production of goods and services, such as labor, capital, land, and entrepreneurship.

Supply Curve

The Supply Curve is a graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing and able to sell at each price level.