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Give an example of a time when you used a stereotype and it turned out to be incorrect.Why did you believe what you did? How did it affect your communication towards that person? How did your communication change after your realized the stereotype was incorrect? Use at least 2 terms from the chapter in your essay.
Equilibrium
A condition where the supply and demand in the market are equal, leading to stable prices.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a given price over a specific period.
Quantity Demanded
The entirety of a product or service that buyers are ready and capable of buying at a particular price point.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a given price during a specified period.
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