Evelyn Turned the Thermostat Up from 68 Degrees to 70

question 56

Multiple Choice

Evelyn turned the thermostat up from 68 degrees to 70 degrees; however, she doesn't think it feels any warmer and she wants to turn it up even higher. Her roommate thinks that it is now too hot, and she wants to turn the thermostat back down. How does Evelyn's just-noticeable-difference compare to her roommate's?

• A)Evelyn's is smaller.
• B)Evelyn's is lower.
• C)Evelyn's is larger.
• D)Evelyn's is higher.

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Definitions:

Central Planning

An economic system where key decisions about production, distribution, and consumption of goods and services are made by the government or a central authority.

Shift Inward

A situation in economics where the supply curve moves towards the origin, indicating a decrease in supply at every price level.

Unemployment Rate

The number unemployed as a percentage of the labor force.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, techniques, and processes.