Exhibit 4-2 -Refer to Exhibit 4-2. If the Supply Curve Shifts to Curve

question 60

Multiple Choice

Exhibit 4-2
-Refer to Exhibit 4-2. If the supply curve shifts to the right, then which of the following is true?

• A)D₁ results in the most decrease in the equilibrium price.
• B)D₁ results in the most increase in the equilibrium price.
• C)D₂ results in the most decrease in the equilibrium price.
• D)D₂ results in the most increase in the equilibrium price.
• E)The change in the equilibrium price is the same for D₁ and D_2.

---

Definitions:

Waiting-list Control

A group in experimental research that does not receive the intervention during the study but is promised to receive it once the study is completed, used to control for placebo effects.

Operational Definitions

Precise descriptions of the variables used in a study, defining them in terms of the specific operations or techniques used to measure or manipulate them.

Analogue Methodology

Research methods that simulate real-life situations in a controlled environment, often used to study behaviors or phenomena that cannot be directly manipulated for ethical or practical reasons.

Internal Validity

The degree to which a study can demonstrate a causal relationship between variables, free from the contamination of other variables that might confound the results.