Suppose That as the Price of Apples Rises, People Switch

question 164

Multiple Choice

Suppose that as the price of apples rises, people switch from eating apples to eating oranges. This is known as:

• A)the normal effect of a price change.
• B)the income effect of a price change.
• C)a decrease in the demand for apples.
• D)the substitution effect of a price change.

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Definitions:

Variable-interval

Variable-interval describes a schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, in operant conditioning.

Classical Conditioning

A method of learning in which two stimuli are consistently associated; the response initially produced by the second stimulus ultimately becomes triggered by just the first stimulus alone.

Extinction

The process through which the conditioned response is weakened by presenting the conditioned stimulus without the unconditioned stimulus, eventually leading to the cessation of the conditioned response.

Conditioned Stimulus

A stimulus that initially has no response connected to it but gains the power to evoke a response through association with an unconditioned stimulus.