In Relation to Prices That Would Prevail in an Uncontrolled

question 17

Multiple Choice

In relation to prices that would prevail in an uncontrolled market, prices charged by a black market are usually

• A)lower, since it is hard for the sellers to locate buyers.
• B)lower, since it is hard for the buyers to locate sellers.
• C)higher, since black marketers expect compensation for the risk of being caught.
• D)higher, since most people enjoy goods more if they are illegal.

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Definitions:

Contingency Management

A behavioral therapy technique that modifies behavior by changing the consequences that follow specific actions, often using rewards or punishments.

Mindfulness

A mental practice focused on being fully present and engaged in the moment, without judgment.

Present Moment

The state or experience of being fully aware of and focused on what is happening right now, without distraction by thoughts of the past or future.

Consciousness Raising

A technique used in various self-help and social movements aimed at increasing awareness about particular issues or aspects of one's self.