In General,an Increase in the Price of a Good

question 120

Multiple Choice

In general,an increase in the price of a good:

• A) will cause the substitution effect to be bigger than the income effect.
• B) will cause the income effect to be bigger than the substitution effect.
• C) will cause both an income and substitution effect.
• D) usually will have no effect.

---

Definitions:

Rehabilitation

A comprehensive program designed to restore someone to good health or to an optimal functional level following illness, injury, or surgery.

Obesity Prevention

Strategies and practices aimed at helping individuals maintain a healthy weight and prevent excessive weight gain.

Family Meals

Sharing meals among family members at home, which can foster better communication, nutrition, and eating habits.

Television Viewing

The act of watching content on a television, an activity that varies in impact depending on content and duration.