In Recent Years, the Price of Smartphones Has Fallen, While

question 400

Multiple Choice

In recent years, the price of smartphones has fallen, while the quantity exchanged of smartphones has risen. We can conclude that this is most likely a result of

• A) a decrease in supply while demand remained constant.
• B) an increase in demand while supply remained constant.
• C) an increase in demand that exceeded an increase in supply.
• D) an increase in supply that exceeded an increase in demand.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.