The Effect of a Decrease in the Price of Personal

question 203

Multiple Choice

The effect of a decrease in the price of personal computers, other things constant, is likely to be best represented by which of the following?

• A)a leftward shift of the demand curve
• B)a movement leftward along the demand curve
• C)a rightward shift of the demand curve
• D)a movement rightward along the demand curve
• E)a rightward shift of the supply curve

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Definitions:

Affective Component

Pertains to the emotional aspect of attitudes, reflecting feelings or emotions related to an object, person, or event.

Behavioural Component

The aspects of psychology related to the actions or reactions of individuals usually in response to external stimuli.

Cognitive Component

Refers to the beliefs, thoughts, and knowledge about the subject at hand, which is a part of an attitude.

Affective Component

The emotional or feeling segment of an attitude, which influences how we react to certain situations or individuals.