If the Quantity of Bananas Sold Increases by 5 Percent

question 49

Multiple Choice

If the quantity of bananas sold increases by 5 percent when the price decreases by 10 percent, the price change occurs in the

• A) bottom half of the downward-sloping straight-line demand curve and total revenue decreases from this price change.
• B) bottom half of the downward-sloping straight-line demand curve and total revenue increases from this price change.
• C) top half of the downward-sloping straight-line demand curve and total revenue decreases from this price change.
• D) top half of the downward-sloping straight-line demand curve and total revenue increases from this price change.

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Definitions:

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning.

Observable Behavior

Actions or reactions of an individual that can be seen and measured directly by others.

Inferiority Complex

A psychological condition where a person feels inadequate and deficient, often resulting in a lack of self-esteem and overcompensation in other areas.

Adler

Alfred Adler was an Austrian medical doctor and psychotherapist, founder of the school of individual psychology, known for his concepts of the inferiority complex and striving for superiority.