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Below Is a Source Followed by Passage(s) from Student Papers

question 4

Multiple Choice

Below is a source followed by passage(s) from student papers. If the student has summarized, directly quoted, or indirectly quoted the source correctly, select "Correct." If you believe the source is incorrectly summarized or plagiarized, select "Incorrect."
"Human communication depends largely on signs in the form of written or spoken words, images, or gestures. These symbols are conscious and explicit representations of reality ⎯ of objects, actions, and concepts in the world around us. But there is another aspect of symbolism that is equally important though less explicit: the side that relates to our inner psychological and spiritual world. Within this inner world, a symbol can represent some deep intuitive wisdom that eludes direct expression."
⎯ Fontana, David. The Secret Language of Symbols .
San Francisco: Chronicle Books, 1993: 9-10. Print.
Student version: David Fontana says that symbols serve two important purposes. They function as signs that help us communicate with one another, and they also help us understand inner wisdom that is difficult to express. Fontana claims that this second purpose is as important as the first, but I'm not sure I agree. Symbols seem much more critical as a communication tool (9-10) .

Recognize the impact of price changes on consumer demand and firm revenue.
Identify the factors influencing demand elasticity, including income and substitution effects.
Distinguish between different types of goods (normal, inferior) based on income and price elasticity.
Grasp the concept of consumer surplus and the impact of reservation prices.

Definitions:

Melt-Through Symbol

In welding, a symbol denoting that full penetration has been achieved in the weld, ensuring the joint is as strong as the base metals.

Reference Line

A line used in technical drawings or diagrams as a basis for measurement or to denote a base position from which other dimensions or positions are determined.

Arrow

A graphical symbol used to indicate direction or to point towards an object or location.

Weld Joint

The junction or area where two or more metal parts are joined together by welding.

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