Which of the Following Statements Best Illustrates the Misperception Effect

question 118

Multiple Choice

Which of the following statements best illustrates the misperception effect?

• A)Without the misperception effect, you would not expect the output of cotton to rise when its price has risen 20 percent while other prices have risen 22 percent.
• B)Without the misperception effect, you would not expect the output of cotton to rise when its price has risen 20 percent while other prices have risen 10 percent.
• C)Without the misperception effect, you would not expect the output of cotton to rise when its price has risen 20 percent while other prices have risen 5 percent.
• D)Without the misperception effect, you would not expect the output of cotton to rise when its price has risen 20 percent while other prices have risen 12 percent.

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Definitions:

Autotrophs

Organisms capable of producing their own food from inorganic substances using light or chemical energy, without consuming organic substances from other organisms.

Heterotrophs

Organisms that cannot synthesize their own food and rely on other organisms — both plants and animals — for nutrition.

Trophic Levels

Refers to the hierarchical levels in an ecosystem, categorized by how energy is obtained, ranging from producers to primary consumers and up to apex predators.

Carnivore

An animal that mainly feeds on other animals; a mammal belonging to order Carnivora (e.g., wolves or seals).