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If There Is No Change in Price That Can Alter

question 168

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If there is no change in price that can alter the quantity supplied then the supply for the good is


Definitions:

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with physical excitation or emotional responses.

Extrinsic Locus

The belief that control over one's life events and outcomes resides primarily in external factors or forces beyond one's personal control.

Julian Rotter

A psychologist known for his work in social learning theory and the introduction of the concept of locus of control.

Ellen Langer

A psychologist known for her work on the illusion of control, mindfulness, and decision-making.

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