An Increase in Demand Is Reflected as a Rightward (Outward)

question 204

True/False

An increase in demand is reflected as a rightward (outward) shift of the demand curve and is caused by an increase in price.

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Definitions:

Nonmaterial Social Facts

Aspects of social life that exist beyond the physical, including beliefs, values, norms, and social norms that influence human behavior.

Collective Consciousness

The set of shared beliefs, ideas, and moral attitudes which operate as a unifying force within society.

Collective Conscious

A collection of common beliefs, thoughts, and ethical views that act as a cohesive element in society.

Mechanical Societies

Sociological concept referring to traditional, pre-industrial societies where social cohesion and integration come from a homogeneity of individuals, as opposed to the interdependence of differentiated roles.