A Theory Asserts That Manufacturers Are Less Willing to Sell

question 137

Multiple Choice

A theory asserts that manufacturers are less willing to sell units of output as the price of goods decreases. However, as the price of computers fell throughout the 1990s, more computers were sold. Which of the following explanations of the apparent conflict between theory and data is most accurate?

• A) It is likely that variables other than the price and quantity of computers sold were changing.
• B) The theory must be invalid.
• C) The theory rests on assumptions that are too simplistic.
• D) All variables other than the price and quantity of computers sold were unchanged.

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Definitions:

Advocate For Change

Someone who actively seeks to promote, support, or effect modifications or reforms in policy, society, or specific issues.

Violent Behavior

Actions that involve physical force intended to hurt, damage, or kill someone or something.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or dependency and various health issues.

Anti-Social Personality Disorder

A mental health condition characterized by a long-term pattern of disregarding or violating the rights of others, often manifesting as hostile or harmful behavior.