If There Is an Increase in the Demand for Automobiles,and

question 32

Multiple Choice

If there is an increase in the demand for automobiles,and at the same time auto workers receive a substantial raise,what will happen to equilibrium price and quantity in the automobile market?

• A) Price and quantity will rise.
• B) Price and quantity will fall.
• C) Price will rise;quantity will fall.
• D) Quantity will rise;price change cannot be determined.
• E) Price will rise;quantity change cannot be determined.

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Definitions:

DSM-IV-TR

The fourth edition, text revision of the Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as a guide to diagnosing mental disorders.

Risk Taking

The inclination or willingness to engage in behaviors that have the potential to be harmful or dangerous but might also result in positive outcomes.

Aggression

Aggression refers to behaviors or actions intended to harm or intimidate another individual physically or verbally.

Inhibits

To restrict or slow down a process, reaction, or action.