Aeronautical Engineers Are a Factor of Production for Airplanes

question 30

Multiple Choice

Aeronautical engineers are a factor of production for airplanes. What will happen in the world market for airplanes when there is a worldwide shortage of aeronautical engineers?

• A)price will decrease, quantity exchanged will decrease
• B)price will decrease, quantity exchanged will increase
• C)price will increase, quantity exchanged will increase
• D)there will be no change in price or quantity exchanged
• E)price will increase, quantity exchanged will decrease

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.