A Technique in Which Participants Are Told That They Will

question 32

Multiple Choice

A technique in which participants are told that they will be participating in two separate experiments, but in reality the experimental manipulation is presented in the first experiment and the dependent measure is collected in the second experiment, is called the

• A) two-experiments technique.
• B) cover story technique.
• C) placebo technique.
• D) unrelated-experiments technique.

Identify the impact of price changes on complementary and substitute goods.

Distinguish between normal and inferior goods and their responses to income changes.

Recognize factors that cause shifts in demand and supply curves.

Understand the law of supply and how price influences quantity supplied.