Consider the Following Survey Item: "If You Found Yourself on an Airplane

question 10

Multiple Choice

Consider the following survey item: "If you found yourself on an airplane with engine problems, would you __________?" Most social psychologists would not include such an item on their survey because most respondents would __________.

• A) be offended at such a personal question
• B) never have experienced that situation, yielding too small a sample
• C) find it difficult to accurately imagine what they would actually do
• D) avoid flying in the future, instead opting for trains

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Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating how sensitive consumers are to price changes.

Hamburger

A popular fast food item consisting of a cooked patty of ground meat, typically beef, placed inside a sliced bun often accompanied with various condiments and toppings.

Slope

The measure of the steepness or inclination of a line or surface, typically expressed as a ratio.

Midpoint Formula

A mathematical formula used to calculate the average of two points in a coordinate system, often used in economics to find the elasticity of demand or supply between two points.