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When Peggy Went to the Baseball Game She Quickly Separated

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When Peggy went to the baseball game she quickly separated the fans into the "home crowd" (wearing mostly red) , and the "visitors" (wearing mostly blue) , even though the fans were fairly evenly dispersed throughout the stadium.Peggy's perception of the crowd illustrates the Gestalt principle of:


Definitions:

Increase in Demand

Occurs when more of a good or service is sought by consumers at each and every price, often represented by a rightward shift of the demand curve.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where supply equals demand.

Demand Falls

A situation where there is a decrease in the quantity of a product or service that consumers are willing and able to purchase at a given price.

Equilibrium Quantity

At the market equilibrium price, the amount of goods or services offered matches the amount requested.

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