Which of the Following Is True

question 146

Multiple Choice

Which of the following is true?

• A)A decrease in the price of ice cream would cause a decrease in the demand for frozen yogurt, a substitute.
• B)Just as demanders will demand more now if the price of a good is expected to rise in the near future, sellers will supply more now if the price of a good is expected to rise in the near future.
• C)An increase in supply leads to a movement up along the supply curve.
• D)Both technological progress and cost-increasing regulations will increase supply.
• E)None of the above is true.

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Definitions:

Zuckerman

A reference to Marvin Zuckerman, a psychologist known for his research on sensation seeking, a personality trait characterized by the search for varied, novel, complex, and intense sensations and experiences.

Group Analysis

A form of psychotherapy that examines the dynamics within a group to understand and improve individual and collective psychological health.

Questionnaires

A set of printed or digital questions designed to gather information from respondents for research or assessment purposes.

Random Sampling

A method of selecting a sample from a population in which every member has an equal chance of being included, ensuring the representativeness of the sample.