Answer:
oversimplified
Explanation:
When describing a group of people if an oversimplified generalization is done then this oversimplification is known as a stereotype.
Stereotypes are generally negative and encourage prejudice.
Types of stereotype
Explicit
These stereotypes are common knowledge and the one person verbalizes the stereotype to the other person.
Implicit
These stereotypes are not known by the person at a conscious level but are known at a subconscious level.
The Senate and the house of Representatives
In an economic market system, where there is competition, the supply and demand of a good or service determines the price and vice versa. Thus, in situations where the price increases, the quantity offered tends to increase, because the offerers have a higher profit perspective. On the other hand, demand tends to decrease, as consumers perceive the price increase and decrease the demanded quantity. Conversely, in situations where the price goes down, consumers have a spur to buy more, but the bidders tend to shrink the amount offered because their prospects for profit diminish. If market mechanisms prevail, the economy tends to find an equilibrium price at which the supply and demand for paraffins will be equal.
