If the Price of One Good Increases by 3 Percent

question 425

Multiple Choice

If the price of one good increases by 3 percent and the quantity demanded of another good increases by 2 percent, the cross elasticity is ________ and the two goods are ________.

• A) 2/3, substitutes
• B) 2/3, complements
• C) 3/2, complements
• D) 3/2, substitutes

Understand the concepts and mechanisms of attributions in social psychology.

Comprehend the significance of social cognition in interpreting and reacting to social information.

Recognize the impact of stereotypes, prejudice, and discrimination in social perceptions and interactions.

Grasp the concept and implications of the bystander effect in social situations.

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Definitions:

Kinesthetic Sense

Also known as proprioception, it refers to the ability to sense body position, movement, and dynamics of our limbs in space.

Skin Senses

The sensory modalities including touch, temperature, pain, and proprioception mediated by the skin's receptors.

Largest Organ

The skin; it serves as the body's outer layer, protecting against external harm and regulating temperature.

Gate-Control Theory of Pain

A theory that suggests pain signals must pass through a "gate" in the spinal cord, which can be closed, thus blocking the pain signal, by factors in the brain or by physical stimulation of the nerves.