Which of the Following Is True

question 157

Multiple Choice

Which of the following is true?

• A) An increase in population shifts the demand curve for most goods leftward.
• B) For an inferior good, when income increases, the demand curve shifts leftward.
• C) The demand curve for a good shifts leftward when the price of a substitute rises.
• D) If consumers expect the price of a good will rise in the future, the demand curve shifts leftward.

Understand the role and calculation of withholdings and deductions from an employee's paycheck.

Calculate income and commissions based on sales and performance metrics.

Determine the financial implications of employment offers, including comparisons and job placement fees.

Understand the concepts of minimum wage and legal protections for workers.

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Definitions:

Operant Conditioning

It describes a method of learning that employs rewards and punishments for behavior, focusing on the effects of external stimuli on action.

Classical Conditioning

A conditioning process where pairing two stimuli repeatedly results in a response that was initially caused by the second stimulus being later caused by the first stimulus alone.

Latent Learning

A form of learning that occurs without obvious reinforcement or visible behavior change until there is a motive to demonstrate it.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any learning process.