"Other Things Equal, an Increase in Supply Causes a Decrease

question 165

True/False

"Other things equal, an increase in supply causes a decrease in price" is a normative statement, not a positive statement.

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Definitions:

Educational Strategies

Methods or approaches employed to facilitate learning, teaching, and the achievement of educational goals.

Arnold Gesell

A developmental psychologist and pediatrician known for his research on the physical, emotional, and psychological growth of children.

Developmental Quotient

An overall developmental score that relates to performance in four domains: motor skills, language use, adaptive behavior, and personal and social skills.

Delayed Development Indicator

A sign or measure that suggests a slower than typical progress in physical, emotional, or intellectual growth in children.