At Any Above-Equilibrium Price

question 163

Multiple Choice

At any above-equilibrium price:

• A)quantity demanded exceeds quantity supplied.
• B)the equilibrium price is above the current price.
• C)quantity supplied exceeds quantity demanded.
• D)the price of the good is likely to rise.

---

Definitions:

Skinner Effect

Refers to the phenomenon identified by B.F. Skinner where the rate of a specific behavior is increased or decreased through reinforcement or punishment.

Vocational Effect

The impact or outcomes of vocational education and training on an individual's career paths, employability, and job performance.

Interrelated Effect

The phenomenon where various factors or conditions influence each other, often leading to complex outcomes in a specific context.

Dead Man's Test

A criterion suggesting that if a dead man can do it, it's not behavior; used to emphasize active, observable actions in behavioral analysis.