A Recent Article Suggests That the Introduction of the New

question 66

Multiple Choice

A recent article suggests that the introduction of the new iPhone 5 increased the demand for iPhone protective cases. The article suggests that these two goods are

• A) substitutes and their indifference curves are close to being straight lines.
• B) complements and their indifference curves are close to being straight lines.
• C) substitutes and their indifference curves are close to being L shaped.
• D) complements and their indifference curves are close to being L shaped.

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Definitions:

Appraisal

The cognitive process of evaluating and interpreting events and stimuli in the environment.

Emotional Responses

Reactions that involve feelings, such as happiness, anger, or sadness, in response to stimuli.

Perceptions

The process of organizing, interpreting, and making sense of sensory information to understand the environment and social interactions.

Facial Expressions

The movements of the facial muscles that convey emotions and feelings to others.