If,in Response to an Increase in the Price of Chocolate,the

question 72

Multiple Choice

If,in response to an increase in the price of chocolate,the quantity demanded of chocolate decreases economists would describe this as

• A) a decrease in demand.
• B) a decrease in quantity demanded.
• C) a change in consumer income.
• D) a decrease in consumers' taste for chocolate.

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Definitions:

Central Traits

Traits that have a disproportionate influence on the configuration of final impressions, in Asch’s configural model of impression formation.

Generous

Characterized by a readiness to give more of something, such as money or time, than is strictly necessary or expected.

Warm

Warmth is often described as a personality characteristic indicating friendliness, empathy, and kindness towards others.

Kurt Lewin

A psychologist known for his pioneering work in social, organizational, and applied psychology, including the development of field theory.