Which of the Following Is the Best Description of the Effects

question 54

Multiple Choice

Which of the following is the best description of the effects of an increase in the supply of bread?

• A) Consumers will pay more for bread.
• B) Bread prices will fall, and bread sales will rise.
• C) A permanent surplus of bread will remain on the market.
• D) Bakers will have higher marginal costs.

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Definitions:

Stimulus Discrimination

The learned ability to differentiate between similar stimuli and respond appropriately to each.

Stimulus Generalization

A psychological phenomenon where a response to a specific stimulus is elicited by similar stimuli, often studied in the context of learning and behavior.

Intermittent Reinforcement

A conditioning schedule in which a reward or punishment is not administered every time the desired response is performed, leading to more resistant behavior change.

Continuous Reinforcement

A method of learning where a behavior is reinforced every time it occurs, leading to faster acquisition of the behavior.