In the Specific Factors Model,a 5% Increase in the Price

question 48

Multiple Choice

In the specific factors model,a 5% increase in the price of food accompanied by a 10% increase in the price of cloth will cause in the welfare of labor,in the welfare of the fixed factor in the production of food,and in the welfare of the fixed factor in the production of cloth.

• A)an ambiguous change; an increase; a decrease
• B)an increase; a decrease; an increase
• C)a decrease; an ambiguous change; an ambiguous change
• D)an ambiguous change; an ambiguous change; an ambiguous change
• E)an ambiguous change; a decrease; an increase

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Definitions:

Magno Cells

Ganglion cells that, because of their sensitivity to brightness changes, are particularly suited to perceiving motion and depth.

Primitive Perceptual Feature

Basic elements of perception such as edges, colors, or motions that are detected by the sensory system and integrated into more complex visual representations.

Curvature

The degree to which a curve deviates from being straight or flat, often measured in geometric or physical contexts.

Reversible Figures

Visual or other sensory stimuli that can be perceived in more than one distinct way, illustrating perceptual set and change blindness phenomena.