Which of the Following Is the Most Accurate Statement

question 27

Multiple Choice

Which of the following is the most accurate statement?

• A) Children who begin drug use early, before age 15, tend to also quit early.
• B) Early use of drugs, before age 15, is a risk factor for later problems like crime and dropping out.
• C) Children who see their parents using drugs tend to see the dangers and avoid using drugs.
• D) There is little parents can do to combat peer pressure to use drugs.

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Definitions:

Utility Function

This describes a formula used in economics to quantify the happiness or satisfaction obtained by a consumer from consuming goods and services.

Substitution Effect

The alteration in how goods are consumed as a result of shifts in relative prices, while maintaining the same level of satisfaction for the consumer.

Giffen Good

A product that sees an increase in demand as its price rises, contrary to the law of demand, typically due to the absence of close substitutes and the product being an inferior good.

Perfect Complements

Goods that are consumed together in fixed proportions, where the utility of one item increases with the consumption of the other.