How Will the Demand and Supply of a Product Be

question 43

Multiple Choice

How will the demand and supply of a product be affected if both producers and consumers expect the future price of a product will be higher than at present?

• A)It will cause an increase in demand but a decrease in supply.
• B)It will cause an increase in both the demand and supply.
• C)It will cause a decrease in both the demand and supply.
• D)It will cause an increase in supply but will have no effect on demand.
• E)It will cause an increase in supply but a decrease in demand.

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Definitions:

Androcentric

A perspective or approach that is centered around male interests, norms, and values, often at the expense of other genders.

Female Centered

An approach or perspective that places women's experiences and issues at the forefront of consideration.

Social Messages

Implicit or explicit ideas and values conveyed through cultural or societal norms and media, influencing individual behavior and perceptions.

Internalized Oppression

The process by which individuals come to accept and live out the inaccurate myths and stereotypes applied to them by oppressors.