Refer to the Graph of the Supply and Demand for Agricultural

question 56

Multiple Choice

Refer to the graph of the supply and demand for agricultural products. The supply and demand for agricultural products are in initial equilibrium at point 1. Technological progress in agriculture will

• A)shift D₁ to D₂ and cause farm incomes to fall.
• B)shift S₁ to S₂ and cause farm incomes to fall.
• C)change equilibrium from point 1 to point 2 and cause farm incomes to rise.
• D)change equilibrium from point 1 to point 6 and cause farm incomes to fall.

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Definitions:

Elicited

Brought about, provoked, or drawn out by a stimulus or action; in research, responses or actions that are drawn out by specific experimental conditions.

Emitted

Released or given off, often used in the context of light, heat, or sound.

Generalization

The process by which the brain applies previous learning to new situations that are similar but not identical.

Instrumental Learning

also known as operant conditioning, is a method of learning that occurs through rewards and punishments for behavior.