If the Demand Curve for Wedding Cakes Shifts to the Right

question 148

Multiple Choice

If the demand curve for wedding cakes shifts to the right, then the value of the marginal product of labor for bakers will

• A)rise.
• B)fall.
• C)remain unchanged.
• D)rise or fall; either is possible.

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Definitions:

Conditioning

The process of learning associations between environmental stimuli and behavioral responses, fundamental to behavioral psychology.

Stimulus

Any event or situation that evokes a response from an organism.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning.

Conditioned Stimulus

A previously neutral stimulus that, after being associated with an unconditioned stimulus, evokes a conditioned response.