Which of the Following Is Not a Way in Which

question 30

Multiple Choice

Which of the following is not a way in which consumers can benefit from report cards?

• A)Easy identification of high quality sellers
• B)Increases in demand elasticity incent sellers to improve quality
• C)Good report cards lead to more advertising
• D)Report cards improve sorting by consumers
• E)Consumers can more easily identify quality sellers

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Definitions:

Exercise

Structured activities whose goal is to improve health.

Happiness

A state of well-being characterized by emotions ranging from contentment to intense joy.

Third Variable Problem

The circumstance where a variable that has not been measured accounts for the relationship between two other variables. Third variables are also known as confounds.

American Psychological Association

A professional organization representing psychology in the United States, aimed at advancing psychology as a science, a profession, and as a means of promoting health and human welfare.