Alyssa Says That She Would Buy One Banana Split a Day

question 209

Multiple Choice

Alyssa says that she would buy one banana split a day regardless of the price.Assume she is telling the truth,what do we know

• A)Alyssa's demand for banana splits is perfectly inelastic.
• B)Alyssa's demand for banana splits is perfectly elastic.
• C)Alyssa's price elasticity of demand for banana splits is 1.
• D)Alyssa's income elasticity of demand for banana splits is negative.

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Definitions:

Distressful Events

Incidents or situations that cause extreme anxiety, sorrow, or pain, potentially leading to significant psychological or physical impact.

Affiliation

The connection or association with a group, organization, or cause, often determined by shared interests, goals, or identities.

Complementarity Hypothesis

A theory suggesting that positive responses elicit positive reactions and negative responses elicit negative reactions during interpersonal interactions.

Balance

A state of equilibrium where different elements are in the correct proportions or positions, often used in physical, psychological, and socio-economic contexts.