The Demand for a Good Will Increase If

question 40

Multiple Choice

The demand for a good will increase if:

• A)there is a decrease in the price of the good.
• B)the price of inputs needed in the production of the good decrease.
• C)there is an increase in the number of consumers in this market.
• D)the price of a complementary good increases.

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Definitions:

Fixed-ratio Schedule

A schedule of reinforcement where a response is reinforced only after a specified number of responses have occurred, leading to a high, stable responding rate with just a brief pause after the reinforcement.

Variable-ratio Schedule

A reinforcement schedule in which a response is rewarded after an unpredictable number of responses.

Stimulus Discrimination

A cognitive process that allows individuals to distinguish between similar stimuli and react differently to them.

Desired Response

The specific outcome or reaction that one aims to elicit from an action, experiment, or communication.