Which of the Following Is an Example of Applied Research

question 13

Multiple Choice

Which of the following is an example of applied research?

• A)A social psychologist who is interested in the components of self-concept
• B)An educational psychologist who looks for a way to increase math skills in 8-year-olds
• C)A personality psychologist who studies the difference between introverts and extroverts
• D)A cognitive psychologist who looks at the difference in problem-solving abilities of men and women

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Definitions:

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in its price.

Marginal Cost

The increase in cost that arises from the production of one additional unit of a good or service.

Urban Professionals

A group of highly educated workers who typically work in professions found in urban centers, such as finance, law, and technology.

Price Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, calculated as the percentage change in quantity demanded divided by the percentage change in price.