When the Price of a Good Changes,the Total Effect of the Price

question 32

Multiple Choice

When the price of a good changes,the total effect of the price change on the quantities purchased can be found by comparing the quantities purchased

• A)on the old budget line and the new budget line.
• B)on the original indifference curve when faced with the original prices and when faced with the new prices.
• C)on the new budget line and a hypothetical budget line that is a parallel shift back to the original indifference curve.
• D)on the new indifference curve.

---

Definitions:

Child-directed Speech

A special form of speech characterized by exaggerated intonation, clarity, simplicity, and repetition, used by adults when communicating with young children.

High-pitched Voice

A voice that has a high frequency, often perceived as shrill or squeaky.

Broca's Area

An area situated in the dominant hemisphere's frontal lobe, associated with the production of speech.

Wernicke's Area

A region of the brain associated with the comprehension of language, located in the posterior section of the superior temporal gyrus in the dominant hemisphere.