In the Supply and Demand Model, a Subsidy Granted to Sellers

question 252

Multiple Choice

In the supply and demand model, a subsidy granted to sellers is illustrated by

• A) a downward shift in the demand curve, by the per unit amount of the subsidy.
• B) an upward shift in the demand curve, by the per unit amount of the subsidy.
• C) a downward shift in the supply curve, by the per unit amount of the subsidy.
• D) an upward shift in the supply curve, by the per unit amount of the subsidy.

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Definitions:

Classical Conditioning

A method of learning where, through continuous pairing, a reaction initially induced by a second stimulus comes to be provoked by the first stimulus instead.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

Discrimination

Discriminatory actions or attitudes against people belonging to distinct categories, mainly due to factors like ethnicity, age, or sexual orientation.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, famously demonstrated by Ivan Pavlov's experiments with dogs.