John Has Been Caught Three Times Stealing Things from a Local

question 33

Multiple Choice

John has been caught three times stealing things from a local Walmart. He admitted to police that he has stolen over $5,000 from the store, but when asked why he did it he said it was a compulsion. What would suggest that this is a case of kleptomania?

• A) amount stolen
• B) target of the theft
• C) number of times it occurred
• D) rationale behind the theft

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified time period.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price in a specified period.

Increase in Demand

A situation where there is a rise in the quantity of a product or service that consumers are willing and able to buy at given prices.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers over a certain period.