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If a and B Are Substitutes, Then an Increase in the Price

question 48

True/False

If A and B are substitutes, then an increase in the price of A will tend to result in an increase in the demand for B.


Definitions:

Social Development

The process by which individuals learn and adapt to the values, norms, and expectations of their society to become functional members.

Harlow

Harry Harlow was an American psychologist best known for his maternal-separation, dependency needs, and social isolation experiments on rhesus monkeys, which manifested the importance of caregiving and companionship in social and cognitive development.

Cognitive Development

The study of how thinking, problem-solving, and intelligence change as people age.

Attachment

The emotional bond that forms between infants and their caregivers, which influences their social and emotional development.

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