An Increase in the Price of Rubber Coincides with an Advance

question 118

Multiple Choice

An increase in the price of rubber coincides with an advance in the technology of tire production.As a result of these two events,

• A) the demand for tires decreases and the supply of tires increases.
• B) the demand for tires is unaffected and the supply of tires decreases.
• C) the demand for tires is unaffected and the supply of tires increases.
• D) None of the above is necessarily correct.

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Definitions:

Learning Curve

A graphical representation of how an increase in learning comes from greater experience; or, the concept that practice can make tasks easier and more efficient over time.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Reflex

A learned response to a previously neutral stimulus that becomes elicited by the stimulus through repeated pairings with an unconditioned stimulus.

Animal's History

The background or past experiences of an animal, including its behaviors, lineage, and interactions with humans or other animals.