If Producers Must Obtain a Higher Price to Produce Any

question 41

Multiple Choice

If producers must obtain a higher price to produce any given quantity, we can conclude that

• A) supply decreased.
• B) demand decreased.
• C) demand increased.
• D) supply increased.
• E) both demand and supply increased.

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Definitions:

Client-Centered Therapy

A form of psychotherapy developed by Carl Rogers, emphasizing an empathetic, accepting, and genuine environment created by the therapist to facilitate the client’s growth and personal development.

Humanistic Psychologist

A psychologist who adopts an approach focusing on individual potential and stresses the importance of growth and self-actualization.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

Desires

Strong feelings of wanting or wishing for something to happen or be the case.