The Impact of an Increase in the Price of a Particular

question 62

Multiple Choice

The impact of an increase in the price of a particular good is illustrated as a

• A)rightward shift in its demand curve and a movement upward and to the left along its demand curve.
• B)leftward shift in its demand curve.
• C)movement upward and to the left along its demand curve.
• D)rightward shift in its demand curve.
• E)movement downward and to the right along its demand curve.

Understand the concepts of modality, variability, and symmetry in distributions.

Apply knowledge of distribution shapes to analyze and interpret real-world data.

Recognize the importance of cumulative percentages in interpreting frequency distributions.

Understand the American Psychological Association’s recommendations for constructing figures such as bar charts and frequency polygons.

---

Definitions:

Door-in-the-face Technique

A persuasion strategy where a large, unreasonable request is made first and, if refused, a smaller, more reasonable request is made.

Social Loafing

The occurrence in which people put in less effort towards reaching a goal while working as part of a team compared to when working by themselves.

Social Facilitation

The tendency for people to perform differently, usually better, on tasks when they are in the presence of others compared to when they are alone.

Goof-off Phenomenon

The tendency to reduce effort and productivity in group settings due to the perceived diffusion of personal responsibility.