Assuming Pizza and Hamburgers Are Substitutes,when the Price of Pizza

question 68

Multiple Choice

Assuming pizza and hamburgers are substitutes,when the price of pizza increases,what must always happen?

• A) Total revenue received by pizza sellers increases.
• B) Total revenue received by pizza sellers decreases.
• C) Total revenue received by hamburger sellers increases.
• D) Total revenue received by hamburger sellers decreases.

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Definitions:

Creativity Tests

Assessments designed to measure an individual's potential to produce work that is both novel and useful.

Convergent Thinking

A cognitive process where the focus is on finding a single, correct solution to a problem, narrowing down the available options.

Divergent Thinking

A thought process used to generate creative ideas by exploring many possible solutions.

General Trait

A characteristic or quality that can be considered a defining attribute of an individual across a wide range of situations.