An Increase in the Quantity Demanded Means That

question 225

Multiple Choice

An increase in the quantity demanded means that

• A) given supply, the price of the product can be expected to decline.
• B) price has declined and consumers therefore want to purchase more of the product.
• C) the demand curve has shifted to the right.
• D) the demand curve has shifted to the left.

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Definitions:

Shaping

A method of conditioning that involves reinforcing successive approximations of a desired behavior to teach a new behavior or skill.

Desired Behavior

A specific action or pattern of actions that an individual or system aims to elicit or establish as routine.

Positive Reinforcement

A process in behavior analysis that involves the introduction of a favorable stimulus following a desired behavior.

Shaping

A method in behavioral psychology where successive approximations of a target behavior are reinforced until the desired behavior is achieved.