If There Is an Increase in the Demand for Restaurant

question 144

Multiple Choice

If there is an increase in the demand for restaurant meals in an economy in the short run,_____

• A)the losses incurred by each restaurant will increase.
• B)the price charged by each restaurant will fall.
• C)there will be an increase in the number of restaurants in the economy.
• D)there will be a decrease in the number of restaurants in the economy.
• E)the profit incurred by each restaurant will increase.

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Definitions:

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, and values.

Gestalt

A theory in psychology that proposes objects are recognized in their entirety before being perceived through their individual parts, emphasizing the whole of anything is greater than its parts.

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively, often considering human needs, interests, and dignity foremost.

Functionalism

A psychological philosophy that considers mental life and behavior in terms of active adaptation to the person's environment.