From 1970 to 2017, the Real Price of Eggs Decreased

question 30

Multiple Choice

From 1970 to 2017, the real price of eggs decreased. Which of the following would cause an unambiguous decrease in the real price of eggs?

• A) A shift to the right in the supply curve for eggs and a shift to the right in the demand curve for eggs
• B) A shift to the right in the supply curve for eggs and a shift to the left in the demand curve for eggs
• C) A shift to the left in the supply curve for eggs and a shift to the right in the demand curve for eggs
• D) A shift to the left in the supply curve for eggs and a shift to the left in the demand curve for eggs

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Definitions:

Schedule Of Reinforcement

A tactic in behavioral psychology that involves varying the frequency and timing of reinforcements to influence behavior.

Studying

Studying is the act of dedicating time and attention to acquiring knowledge on a subject, often through reading, analysis, and practice.

Reinforcement Schedule

A pattern that defines how often a desired response will be reinforced in operant conditioning.

Skinner Box

A laboratory apparatus used in the experimental analysis of animal behavior to study operant conditioning, named after B.F. Skinner.