Assume That an Increase in the Demand for Motorcycles Led

question 45

Multiple Choice

Assume that an increase in the demand for motorcycles led to an increase in the demand for motorcycle helmets.Based on this information,which of the following is likely to be true?

• A)Motorcycles and motorcycle helmets are considered to be substitute goods.
• B)The increase in demand for helmets will be represented as a movement along the demand curve for motorcycle helmets.
• C)Helmets are considered to be inferior goods.
• D)With an increase in the demand for motorcycles,the demand curve will shift inward toward the origin.
• E)The coefficient associated with the price of helmets will be negative in the demand equation for motorcycles.

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The extent to which a measure correlates with an independent criterion (standards) considered as the representing the same construct.

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A classification in educational psychology referring to individuals, especially children, who demonstrate outstanding aptitude or competence in one or more domains.