There Is a Technological Advance in the Production of Digital

question 290

Multiple Choice

There is a technological advance in the production of digital watches. This will cause:

• A) demand to increase.
• B) supply to increase.
• C) demand to decrease.
• D) supply to decrease.
• E) the price to increase.

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Definitions:

Adaptive Functioning

A person's ability to manage common demands of life and meet the standards expected for their age and cultural group, including social and practical skills.

Personal Distress

A psychological discomfort or anguish experienced as a response to stressful situations or emotional pain.

Social Norms

Unwritten rules that govern the expectations of social behavior in a group or society.

Superstition

A belief or practice resulting from ignorance, fear of the unknown, trust in magic or chance, or a false conception of causation.