Figure 21-7 -Refer to Figure 21-7.Assume That the Consumer Depicted in the Consumer

question 120

Multiple Choice

Figure 21-7

-Refer to Figure 21-7.Assume that the consumer depicted in the figure faces prices and income such that she optimizes at point B.According to the graph,what change forces the consumer to move to point A?

• A)a decrease in the price of Skittles
• B)a decrease in the price of M&M's
• C)an increase in the price of Skittles
• D)an increase in the price of M&M's

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Definitions:

Describe

The act of giving a detailed account or picture of something in words, including all relevant characteristics, qualities, or events.

Explain

To make something clear or easy to understand by describing or giving information about it.

Behavioral School

A perspective in psychology focusing on observable behaviors and the ways in which learning influences behavior, discounting internal mental processes.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the importance of observable behaviors over internal phenomena like thoughts and emotions.