Refer to the Diagram

question 132

Multiple Choice

Refer to the diagram. The budget line shift that moves the consumer's equilibrium from point A to point B suggests

• A) an increase in the demand for product X.
• B) a decrease in the demand for product X.
• C) no change in the demand for product X.
• D) that X is an inferior good.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.