Entry Causes ____ to Increase and a Firm's Demand Curve

question 9

Multiple Choice

Entry causes ____ to increase and a firm's demand curve to ____.

• A)quantity supplied, fall.
• B)supply, rise
• C)supply, fall.
• D)demand, rise.

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Definitions:

Mainstream Psychology

The dominant approaches and theories within the field of psychology that are widely accepted and taught across the majority of academic and clinical settings.

Vasodilation

The widening of blood vessels, leading to increased blood flow and decreased blood pressure.

Homeostasis

The body’s tendency to maintain the conditions of its internal environment by various forms of self-regulation.

Positive Feedback

A process in which the end products of an action cause more of that action to occur in a feedback loop, amplifying the original action.