A Decrease in the Price of a Good Will, All

question 223

Multiple Choice

A decrease in the price of a good will, all other things unchanged, result in:

• A) an increase in demand.
• B) an increase in supply.
• C) an increase in the quantity demanded.
• D) more being supplied.

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Definitions:

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a pause, without any additional conditioning.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, encouraging the occurrence of desired behaviors.

B. F. Skinner

An influential American psychologist known for his work in behaviorism and the development of the theory of operant conditioning.

Stimulus Discrimination

The learned ability to differentiate between similar stimuli and respond only to the actual stimuli associated with a conditioned response.