If the Price of a Good Is Expected to Fall

question 156

Multiple Choice

If the price of a good is expected to fall in the future its

• A)demand curve will shift to the right.
• B)supply curve will shift to the right.
• C)demand curve will shift to the left.
• D)b and c

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Definitions:

Functionalist Theory

A sociological perspective that views society as a complex system whose parts work together to promote solidarity and stability.

Collective Action

The pursuit of a goal or set of goals by a group of individuals acting together, often in the context of social or political issues.

Resource Mobilization Theory

A theory in social movements proposing that the success of social movements depends on resources (time, money, skills) and the ability to use them.

Contagion Theory

A theory in social psychology that explains how crowd behavior can spread rapidly and uncontrollably, similar to infectious diseases.