Use the Following to Answer Questions

question 4

Multiple Choice

Use the following to answer questions :
Figure 3-2
-Let P* and Q* represent market clearing price and quantity, respectively.Given the supply and demand curves drawn in Figure 3-2, a technological advance that makes the production of Q more efficient will cause:

• A)P* and Q* to climb.
• B)P* and Q* to fall.
• C)P* to climb while Q* falls.
• D)Q* to climb while P* holds fixed.
• E)none of the above.

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Definitions:

Defence Mechanisms

Psychological strategies employed by individuals to cope with reality and to maintain self-image.

Minnesota Multiphasic Personality Inventory

A widely used standardized psychometric test of adult personality and psychopathology.

True-Or-False Statements

A type of question or statement that requires the respondent to choose between two opposite responses: true or false.

Self-Actualization

The realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.