With the Advent of Online Classes and E-Learning, a New

question 155

Multiple Choice

With the advent of online classes and e-learning, a new category in the textbook market, the 'virtual rental' book has become a possible substitute to new book purchases. How does the availability of virtual rental books affect the market for new books?

• A)The demand curve for new books shifts to the right.
• B)The demand curve for new books shifts to the left.
• C)The supply curve for new books shifts to the right.
• D)The supply curve for new books shifts to the left.

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Definitions:

Worker Productivity

Refers to the amount of work or output produced by an employee in a specific period of time.

Immediate Reinforcement

The instantaneous reward given after a desired behavior, which increases the likelihood of the behavior occurring again.

Interactive Software

Computer programs that are designed to allow user interaction to perform certain tasks rather than just running a predefined sequence of operations.

Respondent Behavior

A type of behavior that occurs as an automatic response to a certain stimulus, often used in the context of classical conditioning.