In the Following Question You Are Asked to Determine, Other

question 108

Multiple Choice

In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon (1) the demand (D) for, or supply (S) of, X; (2) the equilibrium price (P) of X; and (3) the equilibrium quantity (Q) of X. If X is an inferior good, a decrease in income will

• A) decrease D, decrease P, and decrease Q.
• B) decrease D, decrease P, and increase Q.
• C) increase S, decrease P, and increase Q.
• D) increase D, increase P, and increase Q.

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Definitions:

Attitude

Feelings, often influenced by our beliefs, that predispose us to respond in a particular way to objects, people, and events.

Foot-In-The-Door

A persuasive technique involving making a small request first to increase the likelihood of agreement to a larger request later.

Role Playing

A method for exploring the behaviors and attitudes of individuals by having them adopt and act out the role of a specific character or person.

Attitudes

Mental inclinations demonstrated through assessing a specific entity with varying levels of approval or disapproval.