What Would Happen to the Equilibrium Price and Quantity of Shirts

question 23

Multiple Choice

What would happen to the equilibrium price and quantity of shirts if the price of cotton decreases and all else is held constant?

• A) The price falls and the quantity rises.
• B) The price rises and the quantity falls.
• C) The price falls and the quantity falls.
• D) The price rises and the quantity rises.
• E) The price falls and the quantity remains constant.

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Definitions:

Discriminative Stimulus

A stimulus in the environment that signals the availability of reinforcement or punishment, guiding behavior based on its presence or absence.

Respondent Behavior

Behavior that occurs as an automatic response to a certain stimulus, often without conscious intent.

Unconditioned Response

An automatic, innate reaction to a stimulus that occurs without prior conditioning or learning.

Negatively Reinforced

A behavior strengthened because a negative condition is removed or avoided as a consequence of the behavior.