When the Price of Butter Was "Low," Consumers Spent $5

question 63

Essay

When the price of butter was "low," consumers spent $5 billion annually on its consumption. When the price doubled, consumer expenditures increased to $7 billion. Recently you read that this means that the demand curve for butter is upward sloping. Do you agree? Explain.

Identify the steps involved in the decision-making process of helping behavior and how the presence of others can interfere.

Discuss the psychological effects of physical attractiveness on receiving help.

Recognize strategies to increase helping behavior among individuals.

Understand the relationship between mood, time pressure, and willingness to help.