Based on Early Research by Norman Triplett with Racing Cyclists

question 176

Multiple Choice

Based on early research by Norman Triplett with racing cyclists, we should expect that people who exercise for half an hour on rowing machines at a gym, among other people, would be more likely to ____ than people who exercise for half an hour on a rowing machine in the privacy of their home. ​

• A)burn more calories
• B)burn less calories
• C)feel a sense of accomplishment
• D)feel a sense of failure

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Definitions:

Cross Elasticity

A measure of how the quantity demanded of one good responds to a change in the price of another good.

Perfectly Inelastic

A situation in demand or supply in which the quantity demanded or supplied does not change regardless of changes in price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price.

Income Elasticity

A measure of how much the demand for a product or service changes relative to a change in consumers' income.