John Is Appalled When He Is Charged $50 for a Cake

question 50

Multiple Choice

John is appalled when he is charged $50 for a cake instead of its usual price of $25.When he is charged $50 instead of $40,he barely notices the difference.In the context of Weber's law,which of the following price increases for a cake would most likely be equally appalling to John?

• A)$100 instead of $80
• B)$100 instead of $50
• C)$60 instead of $50
• D)$60 instead of $80

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Definitions:

Conflict Minerals

Minerals sourced in areas of armed conflict, particularly the Democratic Republic of Congo and surrounding region, whose sale finances armed groups that perpetuate violence.

Armed Violence

The use of weapons to inflict harm or coercion, often associated with conflicts or criminal activity.

Culture

The shared beliefs, values, norms, and practices that shape the behavior of people within a group, community, or society.

Beliefs

Fundamental convictions or principles that people hold to be true.