Suppose students at University X are randomly assigned to dorm rooms that house either two students or three students. Knowing that all students would prefer a double rather than a triple room, the director of student housing asks those who were assigned to a triple room how much they would be willing to pay to get a double instead. On average, the director finds that they would pay $200. Drawing on the insights of behavioral economics, you would expect that (on average) students who are initially assigned to a double rather than a triple room be willing to accept $200 to switch to a triple room. This is an illustration of .

(01.03 mc) which of the following is a step in simplifying the expression x multiplied by y to the power of 2 over x to the power of negative 3 multiplied by y to the power of 3, the whole to the power of negative 4. select one: a. x to the power of negative 4 multiplied by y to the power of negative 2, the whole over x to the power of negative 7 multiplied by y to the power of negative 1. b. x to the power of negative 4 multiplied by y to the power of negative 8, the whole over x to the power of 12 multiplied by y to the power of negative 12. c. x to the power of negative 4 multiplied by y to the power of negative 8, the whole over x to the power of negative 3 multiplied by y to the power of 3. d. x to the power of negative 4 multiplied by y to the power of negative 2, the whole over x to the power of negative 3 multiplied by y to the power of 3.