An Increase in Equilibrium Quantity Will Result from Each of the Following

question 157

Multiple Choice

An increase in equilibrium quantity will result from each of the following except

• A)an increase in supply and an increase in demand.
• B)an increase in demand and no change in supply.
• C)an increase in supply and no change in demand.
• D)a decrease in demand and a decrease in supply.

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Definitions:

Henry Murray

An American psychologist and one of the pioneers of personality psychology known for developing need theory and the Thematic Apperception Test (TAT).

Self-Determination Theory

A theory of motivation proposing that people are most motivated and function optimally when they feel that they have autonomy, competence, and relatedness.

Implicit Motives

The unconscious desires, preferences, and needs that influence behavior and decision-making.