Figure 4-9 -Refer to Figure 4-9.The Graphs Show the Demand for Cigarettes.In

question 142

Multiple Choice

Figure 4-9

-Refer to Figure 4-9.The graphs show the demand for cigarettes.In Panel (b) ,the arrows are consistent with which of the following events?

• A)an increase in the price of cigarettes
• B)placing a tax on cigarettes
• C)the prohibition of cigarette advertisements on television
• D)decreasing the price of marijuana,given that tobacco and marijuana are complements

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Definitions:

Recency Effect

The tendency to remember the most recently presented information better than information presented earlier.

Primacy Effect

A cognitive bias that results in a person remembering information presented at the beginning of a list better than information in the middle or end.

Autobiographical Memory

A special form of episodic memory, consisting of a person’s recollections of their life experiences.

Episodic Memory

A type of long-term memory that involves recollection of specific events, situations, and experiences.