The Supply for Some Good or Service Will Decrease

question 14

Multiple Choice

The supply for some good or service will decrease

• A)if the prices of inputs increase.
• B)if technology improves.
• C)if more suppliers enter the industry.
• D)if technology improves and the price of inputs falls.
• E)if the prices of inputs fall.

Identify examples of behavioral modification techniques

Recognize the role of antecedents and discriminative stimuli in shaping behavior

Understand the process and effects of operant extinction

Comprehend the concept of primary and secondary reinforcers

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Definitions:

Situational Surprises

Unpredicted events that occur due to certain situational factors, often challenging preconceived plans or expectations.

Task Assignments

The distribution of duties or tasks among members of a team or organization, often based on each member's skills, experience, or job role.

Reassembling Work Routines

The act of rearranging or redesigning the way tasks and processes are structured within work environments to improve efficiency or adapt to new circumstances.

Optimal Size

Refers to the best or most efficient size for a company, team, or other organizational units to operate effectively and achieve its goals.