In 2014, the Price of Peanuts Increased

question 441

Multiple Choice

In 2014, the price of peanuts increased. In the market for peanut butter, this change led to ________ and which therefore ________ the price of peanut butter and ________ the quantity of peanut butter.

• A) a decrease in the supply; increased; decreased
• B) an increase in supply; decreased; increased
• C) a decrease in demand; decreased; decreased
• D) an increase in demand; increased; increased

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Definitions:

Operant Conditioning

A type of learning in which behavior is strengthened if followed by a reinforcer or diminished if followed by a punisher.

Observational Learning

Acquiring behaviors through the observation and replication of others' actions.

Respondent Behavior

Actions that occur as an automatic response to a particular stimulus, not under conscious control.

Spontaneous Recovery

The reappearance of a conditioned response after a pause or period of apparent extinction.