A Demand Curve Shows How Quantity Demanded Changes as the Price

question 48

Multiple Choice

A demand curve shows how quantity demanded changes as the price changes.It implies that

• A)only a change in price can shift a demand curve
• B)everything else that affects demand is assumed to be constant
• C)quantity demanded is unrelated to price
• D)economists are concerned only with money
• E)it is impossible to show how anything but price affects demand

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Definitions:

Stimulus Discrimination

The ability to differentiate between similar stimuli and respond differently based on past learning.

2nd Order Conditioning

A form of conditioning in which a stimulus that becomes a conditioned stimulus is used to condition a second stimulus.

Spontaneous Recovery

The reappearance of a learned response after extinction has occurred, following a period of no exposure to the conditioned stimulus.

Loud Noise

A sound with a high decibel level that can potentially cause hearing damage or discomfort.