(Figure: Good Y and Good X II) What Type of Good

question 130

Multiple Choice

(Figure: Good Y and Good X II) What type of good is good X, assuming a person increases the level of happiness when consuming more of good Y?

• A) perfect substitute
• B) perfect complement
• C) bad
• D) neutral good

---

Definitions:

Egocentrism

An important feature of preoperational thought: the inability to distinguish between one’s own and someone else’s perspective.

Animism

A facet of preoperational thought: the belief that inanimate objects have lifelike qualities and are capable of action.

Centration

A term from developmental psychology, describing the tendency of children in the preoperational stage to focus on one aspect of a situation and ignore others.

Irreversibility

A cognitive limitation in young children's thinking, where they are unable to understand that an action can be done and undone.