Along a Downward-Sloping Linear Demand Curve

question 139

Multiple Choice

Along a downward-sloping linear demand curve,

• A)slope is constant and elasticity is changing
• B)slope is changing and elasticity is constant
• C)both slope and elasticity are constant
• D)both slope and elasticity are changing
• E)no generalizations can be made about slope

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Definitions:

Dispositional Causes

refer to internal factors such as traits, beliefs, and attitudes that are thought to drive an individual's behavior.

Fundamental Attribution Error

The tendency to attribute others' behaviors to their character or personality, while underestimating situational factors.

Dispositional Causes

Attributes an individual's behavior to their internal characteristics or personality traits rather than external environmental factors.

Situational Attributions

Situational attributions refer to the process of ascribing the cause of an individual's behavior to external factors, circumstances, or situations.