An Increase in the Demand for a Product Will Cause

question 214

Multiple Choice

An increase in the demand for a product will cause output to

• A) increase and both the demand for and prices of the resources used to produce the product to increase.
• B) increase and both the demand for and prices of the resources used to produce the product to decrease.
• C) decrease; the demand for the resources used to produce the product will remain constant.
• D) decrease; the price of resources used to produce the product will decrease.

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Definitions:

Humanistic

An approach in psychology that emphasizes the study of the whole person and the uniqueness of each individual's experience.

Psychodynamic

A psychological theory or approach that emphasizes unconscious psychological processes and contends that childhood experiences significantly shape adult personality.

Cognitive-behavioral

A type of psychotherapy that helps patients understand the thoughts and feelings that influence behaviors, focusing on changing negative thought patterns.

Opioids

A class of drugs that includes pain relievers available legally by prescription, such as morphine, as well as illegal drugs like heroin.