Which of the Following Events Would Cause the Price of Oranges

question 67

Multiple Choice

Which of the following events would cause the price of oranges to fall?

• A)There is a shortage of oranges.
• B)The FDA announces that bananas cause strokes,and oranges and bananas are substitutes.
• C)The price of land throughout Florida decreases,and Florida produces a significant proportion of the nation's oranges.
• D)All of the above are correct.

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Definitions:

Social Desirability Bias

A tendency for respondents to answer questions in a manner that will be viewed favorably by others, often leading to inaccuracies in self-report measures.

Goals of Science

The objectives of scientific inquiry, generally including the description, prediction, explanation, and control of natural phenomena, based on empirical evidence and systematic observation.

Correlation

A statistical measure that describes the extent to which two variables change together, but does not imply causation.

Correlated

Correlated refers to a statistical relationship between two or more variables where a change in one is associated with a change in another, indicating a possible connection or causality.