Funder and Colvin (1991) Brought Participants to the Lab for Two

question 87

Multiple Choice

Funder and Colvin (1991) brought participants to the lab for two interactions with different people. Which of the following results shows the power of the situation?

• A) Participants who spoke loudly at session 1 also spoke loudly at session 2.
• B) Participants who kept partners at a distance also behaved in a fearful manner.
• C) Participants smiled frequently and spoke in a loud voice more than expected.
• D) Participants were more relaxed at session 2 than session 1.

Calculate price elasticity of demand using price and quantity information.

Distinguish between types of goods (normal, inferior, luxury) based on income elasticity of demand.

Explain the factors that influence the elasticity of supply and how it varies in the short run versus the long run.

Understand and identify the characteristics of perfectly elastic and inelastic demand curves.

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