If the Price of a Dozen Eggs Were Fixed Above

question 63

Multiple Choice

If the price of a dozen eggs were fixed above the current price,then we would expect

• A) an increase in the number of eggs people want to buy and an increase in the number of eggs farmers want to sell.
• B) an increase in the number of eggs people want to buy and a decrease in the number of eggs farmers want to sell.
• C) a decrease in the number of eggs people want to buy and an increase in the number of eggs farmers want to sell.
• D) a decrease in the number of eggs people want to buy and a decrease in the number of eggs farmers want to sell.

---

Definitions:

Zuckerman

Marvin Zuckerman is a psychologist known for his research on sensation seeking, a trait describing the need for varied, novel, and complex sensations and experiences.

Sensation Seeking

A trait characterized by the search for experiences and feelings that are varied, novel, complex, and intense, and by the willingness to take physical, social, legal, and financial risks for the sake of such experiences.

Sensation Seeking Scale

A psychological assessment tool designed to measure an individual's propensity for seeking novel, complex, and intense sensations and experiences.

Paper and Pencil Questionnaire

A traditional method of data collection where respondents manually record their responses to questions on paper.