Which of the Following Would Cause an Increase in the Demand

question 139

Multiple Choice

Which of the following would cause an increase in the demand curve for oranges?

• A)​a freeze in Florida (a major orange producing state)
• B)​a new machine that allows orange growers to harvest oranges faster
• C)​a decrease in the price of apples
• D)​an announcement by the FDA that oranges lowers cholesterol

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Definitions:

Actor-Observer Bias

The tendency to attribute one's own actions to external circumstances while attributing other people's behaviors to their internal characteristics.

Self-Enhancing Strategy

A psychological concept where individuals focus on their strengths and achievements to maintain or enhance their self-esteem.

Collectivism

Collectivism is an ideology that emphasizes the priority of group goals over individual goals and the importance of cohesion within social groups.

Group Goals

Objectives or outcomes that a group collectively seeks to achieve or accomplish.