A Decrease in Input Costs in the Production of LCD

question 31

Multiple Choice

A decrease in input costs in the production of LCD televisions caused the price of LCD televisions to decrease.Holding everything else constant,how would this affect the market for video game consoles (a complement to LCD televisions) ?

• A)The supply of video game consoles would increase and the equilibrium price of video game consoles would decrease.
• B)The demand for video game consoles would decrease and the equilibrium price of video game consoles would decrease.
• C)The demand for video game consoles would decrease because consumers could afford to buy fewer LCD televisions and video game consoles.
• D)The demand for video game consoles would increase and the equilibrium price of video game consoles would increase.

Analyze the similarities and differences between ethics and financial auditing, and how tools from financial auditing can be applied to ethics audits.

Understand the stages of cognitive development according to Piaget, including their chronological order and defining characteristics.

Recognize the concept of assimilation and accommodation and their roles in cognitive development.

Identify factors influencing brain development and their implications for behavior and cognitive functions during different developmental stages.

---

Definitions:

Ethiopia

A country located in the Horn of Africa, known for its rich history, diverse cultures, and as one of the oldest locations of human life known to scientists.

Franz Boas

Known as the "father of American anthropology," Boas was a German-American anthropologist who developed the foundation for the culture concept and advocated for cultural relativism.

Social Construct

An idea or notion that has been created and accepted by the people in a society but is not based on natural laws.

Anthropologist

A social scientist who studies human societies, cultures, and their development.