The Price of Salsa Rises

question 221

Multiple Choice

The price of salsa rises.How does the increase in the price of salsa affect the supply of salsa?

• A) The supply of salsa increases.
• B) The supply of salsa decreases.
• C) There is no change to either the supply of salsa or the quantity of salsa supplied.
• D) There is no change to the supply of salsa, but the quantity of salsa supplied increases.
• E) There is no change to the supply of salsa, but the quantity of salsa supplied decreases.

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Definitions:

Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Self-esteem

The subjective evaluation or perception of one's own worth, encompassing beliefs and emotions such as pride and shame.

Self-actualization

A concept in psychology representing the realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Needs-hierarchy Theory

A psychological theory proposed by Abraham Maslow that categorizes human needs into a hierarchical structure, from basic physiological needs to self-actualization.