If the Price of a One Good Increases and the Quantity

question 62

Multiple Choice

If the price of a one good increases and the quantity demanded of a different good decreases,then these two goods are

• A) substitutes.
• B) normal goods.
• C) inferior goods.
• D) inelastic goods.
• E) complements.

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Definitions:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Phobic Responses

Exaggerated fears triggered by specific objects, situations, or activities, resulting in intense anxiety or avoidance behaviors.

Mowrer

Psychologist O.H. Mowrer, known for his theories on learning and contributions to behavior therapy, especially in the treatment of fears and enuresis.

Obsessive-Compulsive Disorder

A mental disorder characterized by persistent, unwanted thoughts (obsessions) and repetitive behaviors (compulsions).