If the Market for Hula-Hoops Is Characterized by a Very

question 41

Multiple Choice

If the market for hula-hoops is characterized by a very inelastic supply curve and a very elastic demand curve,an inward shift in the supply curve would be reflected primarily in the form of

• A)higher prices.
• B)higher output.
• C)lower prices.
• D)lower output.

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Definitions:

Aggression

Behavior intended to harm or intimidate others, which can be physical or verbal.

Scapegoating

Displacing aggression onto members of minority groups or other innocent targets not responsible for the frustrating situation.

Frustration-Aggression Hypothesis

The hypothesis that frustration usually produces aggression.

Frustration-Aggression Hypothesis

A theory suggesting that frustration often leads to aggressive behavior.