Refer to Scenario 3

question 297

Multiple Choice

Refer to Scenario 3.2 below to answer the question(s) that follow.
SCENARIO 3.2: Lettuce and spinach are substitutes. Lettuce and tomatoes are complements. Lettuce is a normal good. During the winter, about 20% of the lettuce crop was destroyed by flooding.
-Refer to Scenario 3.2. The floods that destroyed part of the lettuce crop would have caused the equilibrium price of spinach to ________ and the equilibrium quantity of spinach to ________.

• A) decrease; decrease
• B) decrease; increase
• C) increase; increase
• D) increase; decrease

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Definitions:

Hypomania

A mild form of mania characterized by elevated mood, increased activity or energy levels, and often impaired judgment, but without the severe disruptions of full-blown mania.

Major Depressive Episodes

Periods marked by significant depressive symptoms such as sadness, hopelessness, and loss of interest in daily activities, lasting at least two weeks.

Learned Helplessness

A condition in which individuals feel powerless to change a situation because of repeated failures in the past.

Reinforcements

In behavioral psychology, stimuli that increase the probability of a behavior being repeated, which can be positive (adding something desirable) or negative (removing something undesirable).