If a Market Is Allowed to Move Freely to Its

question 85

Multiple Choice

If a market is allowed to move freely to its equilibrium price and quantity,then an increase in supply will

• A)increase consumer surplus.
• B)reduce consumer surplus.
• C)not affect consumer surplus.
• D)increase or decrease consumer surplus or leave consumer surplus unchanged.

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Definitions:

Classical Conditioning

Learning by the method of associating an environmental stimulus with one that happens naturally.

Shaping

A method of teaching new behaviors through the use of reinforcement of successive approximations toward a desired behavior.

Worker Productivity

The amount of work or output produced by an employee within a certain period of time.

Notes of Appreciation

written expressions of gratitude or recognition for someone's efforts or qualities, often contributing to positive relationships and emotional well-being.