Which of the Following Best Illustrates the Concept of Derived

question 183

Multiple Choice

Which of the following best illustrates the concept of derived demand?

• A)As income rises, the demand for TVs rises.
• B)A fall in the price of cameras will increase the demand for film.
• C)A fall in the demand for tires will reduce the demand for rubber.
• D)When the price of gasoline rises, the demand for automobile repair falls.
• E)If consumers expect the price of coffee to rise, demand for coffee rises.

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Definitions:

Delayed Reinforcement

A technique in behavior modification that involves a time delay between the desired response of an organism and the delivery of reward.

Classical Conditioning

An educational approach where two stimuli are persistently paired; the response, initially the result of the second stimulus, eventually becomes the result of the first stimulus alone.

Operant Conditioning

A process of learning in which the dynamics of behavior are adjusted by assigning incentives or penalties.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response tendency.