A Shift in Demand Occurs When

question 174

Multiple Choice

A shift in demand occurs when

• A) the price of that good changes.
• B) the amount demanded of a good changes at each existing price.
• C) there is a change in quantity demanded.
• D) the price changes and the good is a normal good.

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Definitions:

Fear-evoking Stimuli

Environmental or internal triggers that provoke a fear response, activating the body’s fight or flight reaction.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through systematic exposure and other techniques.

Observational Learning

Acquiring knowledge by watching others' actions and the results of those actions.

Vicariously Reinforced

Learning through observing the rewards or punishments experienced by others, thus influencing the observer's own behavior.