When the Price of Apples Goes Up

question 167

Multiple Choice

When the price of apples goes up

• A) the demand for apples will decrease, ceteris paribus.
• B) the demand for apples will increase, ceteris paribus.
• C) the quantity of apples demanded will decrease, ceteris paribus.
• D) the quantity of apples demanded will increase, ceteris paribus.

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Definitions:

Management By Exception

A management strategy where leaders intervene only when necessary, mainly when there are deviations from expected outcomes; it emphasizes autonomy in the regular tasks.

Positive Reinforcement

A technique in behavior analysis that involves the addition of a stimulus following a desired behavior, increasing the likelihood of that behavior occurring again.

Negative Reinforcement

A behavioral concept where the removal of an unpleasant stimulus strengthens a desired behavior.

Full Range Leadership Model

A leadership model that suggests leaders can operate across a spectrum of behavioral tactics, from laissez-faire to transformational leadership strategies.