If the Price of Chocolate-Covered Peanuts Increases and the Demand

question 75

Multiple Choice

If the price of chocolate-covered peanuts increases and the demand for strawberries does not change, this indicates that these two goods are:

• A) unrelated goods.
• B) inferior goods.
• C) substitute goods.
• D) complementary goods.

---

Definitions:

Aggression-likelihood Model

A theoretical model proposing how certain factors increase or decrease the likelihood that individuals will behave aggressively in given situations.

Neo-associationist Analysis

A psychological theory suggesting that emotions and behavior are the result of complex associations formed through experiences.

Excitation-transfer Model

A psychological theory suggesting that arousal caused by one stimulus can be transferred and add to the arousal elicited by a second stimulus, intensifying the overall emotional experience.

Vicarious Learning Theory

A theory suggesting that people can learn new behaviors or information by observing others, also known as observational learning or social learning theory.