Table 4-3 the Demand Schedule Below Pertains to Sandwiches Demanded Per

question 200

Multiple Choice

Table 4-3. The demand schedule below pertains to sandwiches demanded per week.

-Refer to Table 4-3.Suppose Alfred,Belinda,and Charissa are the only demanders of sandwiches.Also suppose: • x = 2;
• the current price of a sandwich is $5.00;
• the market quantity supplied of sandwiches is 10;
• the law of supply applies to the supply of sandwiches.
Then

• A)there is a shortage of 3 sandwiches and the price would be expected to rise from its current level of $5.00.
• B)there is a shortage of 3 sandwiches and the price would be expected to fall from its current level of $5.00.
• C)there is a surplus of 5 sandwiches and the price would be expected to rise from its current level of $5.00.
• D)there is a surplus of 5 sandwiches and the price would be expected to fall from its current level of $5.00.

---

Definitions:

Humiliation

A negative emotion stemming from a decrease in stature, respect, or pride, often caused by embarrassing actions or circumstances.

Narcissistic Personality Traits

Characteristics associated with narcissism, including grandiosity, a need for admiration, and a lack of empathy.

Fried Foods

Foods that are cooked by being submerged in hot oil, which often leads to a crispy texture and rich flavor but may have health drawbacks.

Deindividuation

A psychological state characterized by diminished self-consciousness, decreased sense of personal responsibility, and disinhibition, often occurring in group settings.