-In the Above Figure, If the Price Is Equal to $50

question 337

Multiple Choice

-In the above figure, if the price is equal to $50, there is

• A)a surplus of 200 units.
• B)a shortage of 100 units.
• C)an excess quantity demanded of 50 units.
• D)an inadequate supply of 100 units.

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Definitions:

Negative Reinforcement

A process in conditioning where the removal of an unfavorable outcome or stimulus strengthens the behavior that preceded it.

Aversive Event

An unpleasant or harmful event or stimulus that is often used as a deterrent in behavior modification techniques.

Car Wreck

An unexpected and violent collision involving one or more vehicles, often resulting in damage and injury.

Blood

A vital bodily fluid in humans and animals that delivers necessary substances such as nutrients and oxygen to cells and transports metabolic waste products away.