A Decrease in Quantity Supplied

question 67

Multiple Choice

A decrease in quantity supplied

• A)results in a movement downward and to the left along a fixed supply curve.
• B)results in a movement upward and to the right along a fixed supply curve.
• C)shifts the supply curve to the left.
• D)shifts the supply curve to the right.

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Definitions:

Valence

The value a person places on a reward.

Behavior Modification Theory

A theory based on the principle that observable behaviors can be changed through the use of various learning techniques.

Task Significance

A worker’s perception that the task directly affects other people’s work or lives.

Frustration-Regression Principle

A theory suggesting that when an individual is blocked from reaching a goal, they may regress to earlier behaviors to cope with the frustration.