According to Research by Balcetis and Dunning (2010), Participants Who

question 123

Multiple Choice

According to research by Balcetis and Dunning (2010) , participants who were thirsty

• A) estimated that a bottle of water across the table was closer than participants who were quenched estimated.
• B) estimated that a bottle of water across the table was farther than participants who were quenched estimated.
• C) drank more of a bottle of water than did participants who were quenched.
• D) made harsher judgments of a target person than did participants who were quenched.

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Definitions:

Price Effect

The impact on the quantity demanded of a good or service due to a change in its price.

Quantity Effect

The change in the total amount consumed or produced of a good or service resulting from a change in its market price.

Entrance Fee

A charge for admission, often paid at the entrance of a facility, event, or establishment.

Price Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in its price; it quantifies the sensitivity of demand relative to price changes.