If the Price of Orange Juice Rises,the Demand for Grapefruit

question 58

Multiple Choice

If the price of orange juice rises,the demand for grapefruit juice will

• A) increase because the two goods are substitutes
• B) increase because it is a complement
• C) decrease because the two goods are substitutes
• D) decrease because the two goods are complements
• E) not change unless the price of grapefruit juice also changes

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Definitions:

Preoperational Stage

A stage in Jean Piaget's theory of cognitive development, occurring from approximately age 2 to 7, characterized by symbolic thinking, egocentrism, and a lack of logical reasoning.

Stage Theory

A theory suggesting that development occurs in distinct stages, each characterized by specific conflicts or challenges.

Specified Age

Refers to a particular age or age range that has been defined or determined for a specific purpose or study.

Sensorimotor Stage

The sensorimotor stage is the first of Piaget's stages of cognitive development, where infants learn about the world through their senses and motor activities.