Ceteris Paribus, If the Price of a Digital Camera Rises

question 93

Multiple Choice

Ceteris paribus, if the price of a digital camera rises, then we can expect

• A) An increase in the demand for digital cameras.
• B) An increase in the quantity demanded of digital cameras.
• C) A decrease in the demand for digital cameras.
• D) A decrease in the quantity demanded of digital cameras. Quantity demanded and price are inversely related.

---

Definitions:

Self-Expression

The process of articulating thoughts, feelings, and ideas in a creative or verbal manner to convey one's individuality.

Competitiveness

A personal or organizational trait characterized by a desire to outperform others or excel in a particular activity or field.

Narcissistic Personality Disorder

A condition involving a long-term pattern of exaggerated self-importance, need for admiration, and lack of empathy.

Schizoid Personality Disorder

A personality disorder characterized by a long-standing pattern of detachment from social relationships and a limited range of emotional expression.