In a Market Economy a Significant Change in Consumers' Desire

question 91

Multiple Choice

In a market economy a significant change in consumers' desire for product X will:

• A) alter the profits or losses received by suppliers of product X.
• B) cause a reallocation of scarce resources.
• C) cause some industries to expand and others to contract.
• D) do all of these.

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Definitions:

Counseling Effectiveness

The degree to which counseling achieves desired outcomes or benefits for the client.

Recommended Goals

Targets or objectives suggested for achievement, often based on scientific research or consensus in various fields.

Pre- And Post-Weights

Measurements of weight taken before and after a certain intervention, usually to gauge the effectiveness of a weight loss or fitness program.

Nutrition Counselor

A health professional specialized in offering advice and guidance on diet, food, and nutrition to help individuals achieve their health goals.