If an Increase in the Price of Product a Causes

question 166

Multiple Choice

If an increase in the price of product A causes an increase in the demand for product B, we can conclude that

• A)they are inferior goods.
• B)the price of B will decrease.
• C)they are complements.
• D)they are substitutes.
• E)the quantity supplied for B will decrease.

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Definitions:

Verbal Interaction

The exchange of information or ideas through spoken words between individuals.

Cloth Mother

A reference to the surrogate mother experiment in psychology, where infant monkeys showed a preference for a cloth-covered surrogate mother over a wire mesh surrogate that provided food.

Wire Mother

An experiment in developmental psychology by Harry Harlow, exploring attachment by showing that infant monkeys preferred soft, cloth surrogates over wire ones, even if the latter provided food.

Sensory Restriction

A condition or experimental setup where the amount or type of sensory input is limited or controlled to investigate its effects on the mind or behavior.