Ageism Is

question 108

Multiple Choice

Ageism is

• A) prejudice or discrimination, usually against young people.
• B) prejudice or discrimination, usually against older people.
• C) negated by studies showing that older adults are more competent than younger adults.
• D) especially prevalent in Japan.

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Definitions:

Equilibrium Quantity

The amount of products or services available matches the amount requested at the prevailing market rate.

Demand Increases

A situation where the desire and ability to purchase goods and services in a market rise, often leading to higher prices if supply remains constant.

Supply Decreases

A reduction in the quantity of a good or service that producers are willing to sell at a given price, often resulting in higher prices.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where the quantity demanded equals the quantity supplied.