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In Stroop's most famous experiment, a comparison was made between naming color patches and naming colors when they were printed with color-mismatched names. Describe the design.
Quantity Supplied
The total amount of a good that sellers are willing to sell at a given price over a specified period.
Equilibrium Price
The price at which the quantity of goods supplied is equal to the quantity of goods demanded.
Demand
The quantity of a particular good or service that consumers are willing and able to purchase at various prices during a given period of time.
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