If an Increase in the Price of One Good Leads

question 125

Multiple Choice

If an increase in the price of one good leads to an increase in the quantity demanded of another, the two goods are:

• A) substitutes.
• B) complements.
• C) independent.
• D) unrelated.

Understand the characteristics of a well-formed definition.

Identify the importance of genus and differentia in definitions.

Recognize various definition violations such as circularity, broadness, narrowness, and use of obscure language.

Understand the function of logical definitions.

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Definitions:

Tight Culture

A culture that has strict social norms and a low tolerance for deviant behaviors.

Losing Face

A social phenomenon where an individual's status, dignity, or respect is diminished in the eyes of others, often due to a failure or wrongdoing.

Collectivist Culture

Cultures that emphasize the needs and goals of the group as a whole over the needs and wishes of each individual.

Holier-Than-Thou Effect

A cognitive bias where individuals overestimate their moral qualities or behaviors in comparison to others.