An Automatic Response to Some Stimulus Is Called

question 69

Multiple Choice

An automatic response to some stimulus is called

• A) associative learning.
• B) respondent behavior.
• C) observational learning.
• D) operant behavior.

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Definitions:

Equilibrium Point

Point at which quantity demanded equals quantity supplied; where demand and supply curves cross.

Equilibrium Price

The cost at which the amount of a product supplied matches the amount of the product desired.

Equilibrium Quantity

The supply of goods or services meets the demand at the market's equilibrium price.

Equilibrium Price

The price point at which the quantity of goods supplied equals the quantity of goods demanded, leading to a stable market condition.