A New Hormone Will Increase the Amount of Milk Each

question 116

Multiple Choice

A new hormone will increase the amount of milk each cow produces. If this hormone is adopted by many dairies, what will be the effect on the milk market?

• A) An increase in supply, higher equilibrium price, and lower equilibrium quantity.
• B) A decrease in supply, lower equilibrium price, and lower equilibrium quantity.
• C) An increase in supply, lower equilibrium price, and higher equilibrium quantity.
• D) An increase in supply, higher equilibrium price, and higher equilibrium quantity.
• E) A decrease in supply, lower equilibrium price, and higher equilibrium quantity.

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Definitions:

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without any learning or prior conditioning.

Laughing

A physiological response that expresses joy or amusement, often a spontaneous reaction to humor or happiness.

Touching

Touching involves physical contact between individuals, serving as a form of non-verbal communication or to establish a connection.

Reinforce Appropriate Behaviors

The process of encouraging and promoting desirable actions through positive feedback or rewards.