If It Is Discovered That Using a Smartphone Regularly Causes

question 70

Multiple Choice

If it is discovered that using a smartphone regularly causes brain cancer, then in the market for smartphones,

• A)equilibrium price will fall and equilibrium quantity will rise.
• B)equilibrium price and equilibrium quantity will fall.
• C)there will be no change in equilibrium price or quantity.
• D)equilibrium price will rise as demand for computers decreases.
• E)equilibrium price will rise as supply decreases.

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Definitions:

American Psychological Association

A leading scientific and professional organization representing psychology in the United States, with the aim of advancing psychological knowledge to benefit society and improve people's lives.

Experimenter Bias

A situation where the researcher's expectations or preferences inadvertently influence the participants of an experiment or the interpretation of its results.

Placebo-control Group

In a clinical trial, this is a group of subjects who receive an inactive substance or treatment as a means to control for the placebo effect in the experimental outcomes.

Side Effects

Unintended or secondary effects that can occur as a result of taking medication or undergoing a specific treatment.