According to Experimental Psychological Research, If You Are Shown a Hexagon

question 90

Multiple Choice

According to experimental psychological research, if you are shown a hexagon for 1 millisecond (a level too fast for you to actually perceive consciously) , when asked to rate preferences for shapes, you will:

• A)Not prefer the hexagon to other shapes
• B)Be able to indicate that the hexagon 'looks familiar'
• C)Likely prefer to hexagon over other shapes
• D)Be disinterested in hexagons

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Definitions:

Cross Elasticity of Demand

A measure of how the quantity demanded of one good changes in response to a change in the price of another good, indicating their substitutability or complementarity.

Complementary Goods

Products or services that are used together, where the use or demand for one item increases the use or demand for another.

Substitute Goods

Products or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.

Income Elasticity

A measure of how much the demand for a good will change in response to a change in consumers' income.