If You Sell an Inferior Good,offering to Sell Gift Certificates

question 175

Multiple Choice

If you sell an inferior good,offering to sell gift certificates to those looking for a gift may result in:

• A) a greater quantity sold than before the customer is given a gift certificate.
• B) a greater quantity sold than if the customer resorts to giving a cash gift.
• C) a smaller quantity sold than before the customer is given a gift certificate.
• D) a smaller quantity sold than if the customer resorts to giving a cash gift.

Recognize the role of professional associations in developing ethical standards.

Understand the legal implications and requirements related to counseling practice and assessment.

Identify the ethical considerations in forensic evaluations and the primary obligations of counselors in these contexts.

Understand the importance of informed consent in the counseling process and what it should cover.

---

Definitions:

Interactions

In research, refers to the way that different factors or variables influence each other, often changing the outcome or effects when combined.

Internal Validity

The extent to which a study can prove that a cause-and-effect relationship exists between the tested variables, excluding the influence of external factors.

Nonmonotonic Relationship

A relationship between two variables where the direction of the effect changes over the range of the variable, meaning it can increase then decrease, or vice-versa.

Independent Variables

The factors that are manipulated or varied by researchers in an experiment to determine their effect on the dependent variable.