Based on Previous Classes, Tricia Expects That in Her Chemistry

question 17

Multiple Choice

Based on previous classes, Tricia expects that in her chemistry class she will take a quiz, and then the professor will lecture for 30 minutes and give an assignment. Which type of schema is Tricia relying on to make sense of her class period?

• A) blueprint
• B) script
• C) stereotype
• D) imagined experience

Understand the concept of normal and inferior goods, including how changes in income affect the demand for these goods.

Understand the concept of price elasticity of demand and how to calculate it using the midpoint method.

Recognize the relationship between price changes and total revenue, especially in terms of elasticity.

Understand the income elasticity of demand and how it differs from price elasticity.