Harold Can Consume Apples and Oranges

question 89

Multiple Choice

Harold can consume apples and oranges.He likes them equally well and currently is in consumer equilibrium.Then the price of oranges rises,while his income remains the same.What will happen to his consumption?

• A)consumption of oranges increases;consumption of apples decreases
• B)consumption of oranges increases;consumption of apples increases
• C)consumption of oranges decreases;consumption of apples decreases
• D)consumption of oranges decreases;consumption of apples increases
• E)consumption of oranges decreases;consumption of apples could either increase or decrease

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Definitions:

Acquiescent Response Set

Tendency to agree with items in an attitude questionnaire. This leads to an ambiguity in interpretation if a high score on an attitude questionnaire can be obtained only by agreeing with all or most items.

Mere Exposure Effect

A mental effect where people start liking things simply because they know them well.

External Validity

The extent to which the results of a study can be generalized to other situations and to other people.

Multiple Act Criterion

A standard in social and behavioral research that emphasizes judging behaviors or actions based on a series of observations, rather than a single instance.