Which of the Following Statements Is True

question 10

Multiple Choice

Which of the following statements is true?

• A)A decrease in demand causes a decrease in the equilibrium price; the decrease in price causes supply to decrease.
• B)A decrease in demand causes the equilibrium price to fall; the decrease in price then results in a decrease in quantity supplied.
• C)If both demand and supply increase,there must be an increase in the equilibrium price; equilibrium quantity may either increase or decrease.
• D)If demand decreases and supply increases one cannot determine if the equilibrium price will increase or decrease without knowing which change is greater.

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Definitions:

Negative Stimuli

Elements or conditions in the environment that cause stress or discomfort, prompting a reaction to avoid or diminish them.

Aversive Stimuli

Unpleasant or harmful stimuli that an organism seeks to avoid or escape.

Primary Reinforcer

A reinforcer that is innately satisfying; one that does not take any learning on the organism’s part to make it pleasurable.

Praise

Expression of approval, commendation, or admiration directed at an individual or group.