Which of the Lanes in the Gel Below Would Represent

question 37

Multiple Choice

Which of the lanes in the gel below would represent an "uninduced" sample?

• A) 1
• B) 2
• C) 3
• D) 4
• E) 5

---

Definitions:

Perfect Substitutes

Goods that can be used in place of each other with no loss of utility or preference by consumers.

Coke and Pepsi

Refers to a classic example of duopoly in economics, representing competition between two dominant firms in a market.

Perfect Complementarity

Refers to a situation in consumer choice theory where two goods are always consumed together in fixed proportions because one is perfectly complementary to the other.

Engel Curve

A graph showing the relationship between the income of a consumer and the amount of a good that the consumer buys, illustrating how spending on a good varies with income.