A Ban Has the Effect of ____ the ____ For/of

question 62

Multiple Choice

A ban has the effect of ____ the ____ for/of the product. Equilibrium price will ____.

• A) increasing; demand; increase
• B) increasing; supply; decrease
• C) decreasing; supply; increase
• D) decreasing; demand; decrease
• E) eliminating; demand; not exist

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Definitions:

Criteria

Standards or principles by which something is judged or decisions are made.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from all members and seeks to minimize the influence of dominant personalities.

Roundtable Discussion

A meeting format where participants, often experts or stakeholders, gather to discuss topics in an open and equal manner, usually seated at a round table to symbolize no hierarchical structure.

Elaboration Likelihood Model

A theory in psychology that explains how the persuasion of a message depends on the likelihood of cognitive processing by the receiver.