Which of the Following Will Not Cause an Increase in the Supply

question 10

Essay

Which of the following will not cause an increase in the supply of cornflakes in the short run?
A.an increase in the price of cornflakes
B.a cost-saving improvement in the technology of corn production
C.a reduction in the price of corn
D.the expectation by producers that the price of cornflakes will fall in the future

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Definitions:

Unconditioned Stimulus

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

Conditioned Stimulus

In classical conditioning, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, triggers a conditioned response.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention, until it is paired with an unconditioned stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.