An Increase in the Price of a Product Will Reduce

question 168

Multiple Choice

An increase in the price of a product will reduce the amount of it purchased because:

• A) supply curves are upsloping.
• B) the higher price means that real incomes have risen.
• C) consumers will substitute other products for the one whose price has risen.
• D) consumers substitute relatively high-priced for relatively low-priced products.

Differentiate between the contributions and limitations of different psychotherapy approaches.

Understand the importance of integrating different approaches to meet the needs of individual clients.

Recognize the significance of research, accountability, and cultural competence in behavior therapy.

Identify key concepts and techniques of solution-focused brief therapy.

---

Definitions:

Divorce

The legal dissolution of a marriage by a court or other competent body, often involving division of assets and debts.

Investment

An investment is an asset or item acquired with the goal of generating income or appreciation over time.

Schedule D

A form used with tax returns to report capital gains and losses from transactions of capital assets.

Trade or Business

An activity undertaken by a person or entity for the purpose of earning profit from selling goods or services.