Which of the Following Would Cause Both the Equilibrium Price

question 199

Multiple Choice

Which of the following would cause both the equilibrium price and equilibrium quantity of number two grade potatoes (an inferior good) to increase?

• A)an increase in consumer income
• B)a decrease in consumer income
• C)greater government restrictions on agricultural chemicals
• D)fewer government restrictions on agricultural chemicals

---

Definitions:

Phrase Recognition

The ability to identify and understand groups of words as coherent units within a sentence or spoken language.

Shadowing Performance

Involves repeating speech immediately after hearing it, a method used in psychological experiments to study attention and auditory processing.

Cocktail Party Effect

The ability of the human brain to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, much like being able to concentrate on a single conversation in a noisy environment.

Unattended Message

Information that is not directly focused on or noticed by an individual, especially in studies of selective attention.