The Approach-Avoidance Conflict

question 96

Multiple Choice

The approach-avoidance conflict

• A)involves a person being simultaneously attracted to and repelled by the same situation or goal.
• B)often creates ambivalent feelings in a person.
• C)can lead the person to use partial approach solutions.
• D)is characterized by all of these.

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Definitions:

Equilibrium

A state of balance where demand equals supply in a market, leading to a stable price.

Total Surplus

The aggregate of consumer surplus plus producer surplus in a marketplace, symbolizing the overall advantages to society.

Consumer Surplus

The incongruity between the price consumers are willing to offer for a good or service versus the final cost.

Increase Supply

An upward shift in the supply curve, indicating more of a good or service is available for sale at any given price, usually the result of factors like improved technology or decreased production costs.