If the Demand for Bathing Suits and Supply of Bathing

question 241

Multiple Choice

If the demand for bathing suits and supply of bathing suits both decrease, then definitely the equilibrium

• A) price will decrease.
• B) price will increase.
• C) quantity will increase.
• D) quantity will decrease.

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Definitions:

Attribution Theory

Theory that explains how you generate explanations for people’s behaviors.

Implicit Personality

A theory suggesting that people make automatic, subconscious judgments about others based on their behavior and appearances.

Standpoint Theory

Theory that a person’s social position, power, or cultural background influences how the person perceives the behavior of others.

Implicit Personality Theory

Your unique set of beliefs and hypotheses about what people are like.