Suppose That the Price of Bread Rises

question 323

Multiple Choice

Suppose that the price of bread rises.This rise could be the result of

• A) a decrease in the supply of bread.
• B) an increase in the supply of bread.
• C) a decrease in the demand for bread.
• D) Both answers A and C are correct.
• E) Both answers B and C are correct.

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Definitions:

Classical Sociological Thinkers

Refers to early theorists in sociology, including Karl Marx, Max Weber, and Émile Durkheim, whose works laid the foundational concepts and perspectives in the field of sociology.

Marx

Refers to Karl Marx, a 19th-century philosopher, economist, and revolutionary, best known for his theories about capitalism and communism.

Durkheim

A founding figure in sociology, known for his theory of social facts and his studies on the social basis of human behavior, religion, and the division of labor in society.

Weber

Max Weber, a German sociologist, philosopher, and political economist known for his theories on bureaucracy, social stratification, and the sociology of religion.