What Happens in the Market for Blu-Ray Discs If the Price

question 74

Multiple Choice

What happens in the market for Blu-ray discs if the price of Blu-ray players falls?

• A) The demand for Blu-ray discs increases.
• B) The quantity demanded of Blu-ray discs increases.
• C) The supply of Blu-ray discs increases.
• D) The demand and supply of Blu-ray discs increase.

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Definitions:

Instrumental Learning

A learning process where behavior is modified by its consequences, through rewards or punishments.

Operant Conditioning

A teaching technique that involves changing the power of a behavior by either reinforcing or disciplining.

Shaping

A method of teaching new behaviors by reinforcing successive approximations towards the desired behavior.

Likelihood

The probability or chance that a given event will occur.