-If the Price of a Product Increases

question 327

Multiple Choice

-If the price of a product increases

• A) there is an increase in quantity supplied and a decrease in demand.
• B) there is an increase in supply and a decrease in quantity demanded.
• C) there is an increase in supply and a decrease in demand.
• D) there is an increase in quantity supplied and a decrease in quantity demanded.

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Definitions:

Explicit Memories

Memories which can be intentionally remembered, including information and happenings.

Implicit Memories

Memories that are not consciously recalled but influence behaviors and skills, such as riding a bicycle or tying shoelaces.

Rehearsal

The cognitive process of repetitively thinking about or practicing an information to aid in its retention and retrieval.

Recall

The act of retrieving information or events from the past in the absence of external cues, often measured in psychological tests.