Assume That the Demand Curve for DVD Players Shifts to the Left

question 132

Multiple Choice

Assume that the demand curve for DVD players shifts to the left and the supply curve for DVD players shifts to the right,but the supply curve shifts less than the demand curve.As a result

• A)both the equilibrium price and quantity of DVD players will decrease.
• B)the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease.
• C)the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will increase.
• D)the equilibrium price of DVD players will decrease; the equilibrium quantity will increase.

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Definitions:

Escape

A type of behavior where an individual learns to perform an action to terminate an ongoing, unpleasant stimulus or situation.

Punisher

A stimulus that reduces the likelihood of the behavior that it follows.

Avoidance Response

A behavioral response that prevents an aversive event.

Suppressed Behavior

Behavior that is reduced or eliminated due to negative consequences or punishment.