What Is the Difference Between Standards and Guidelines

question 14

Multiple Choice

What is the difference between standards and guidelines?

• A) Psychologists are expected to adhere to guidelines; standards are aspirational.
• B) Psychologists are expected to adhere to standards; guidelines are aspirational.
• C) Guidelines are legal; standards are psychological.
• D) Standards are psychological; guidelines are legal.

Analyze the impact of external changes to demand or supply, such as changes in consumer preferences or technological improvements.

Understand the relationship between the elasticity of supply and demand and tax incidence.

Calculate and analyze deadweight loss resulting from taxes and how it affects overall market efficiency.

Understand the effects of subsidies and how they affect supply and demand equilibrium.

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Definitions:

L-Glucose

An enantiomer of glucose that is not commonly found in nature and is the mirror image of D-glucose.

Aldonic Acid

A type of organic acid derived from aldoses, a class of monosaccharides, by oxidation of the aldehyde group to a carboxyl group.

Reducing Sugar

Any sugar that is capable of acting as a reducing agent because it has a free aldehyde group or a free ketone group.

α-D-Fructofuranose

An isomer of fructose where the furanose ring form predominates, characterized by its specific configuration at the anomeric carbon.