Use the Following to Answer Question(s): Demand and Supply Curves

question 11

Multiple Choice

Use the following to answer question(s) : Demand and Supply Curves

-(Exhibit: Demand and Supply Curves) A price of $25 per unit will result in:

• A) a surplus of 50 units.
• B) a surplus of 200 units.
• C) a surplus of 250 units.
• D) quantity demanded exceeding quantity supplied.

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Definitions:

Racist

Characterized by or showing prejudice, discrimination, or antagonism against someone of a different race based on the belief that one's own race is superior.

Sexist

Discriminating against people based on their sex, often holding stereotypes or prejudices towards a particular gender.

Cognitive Dissonance Theory

The idea that people have such distaste for perceiving inconsistencies in their beliefs, attitudes, and behavior that they will bias their own attitudes and beliefs to try to deny inconsistencies.

Attributional Ambiguity

A phenomenon whereby members of stigmatized groups often can be uncertain whether negative experiences are based on their own actions and abilities or are the result of prejudice.