If the Price of Wheat Were to Increase, the Increase

question 76

Multiple Choice

If the price of wheat were to increase, the increase could have been caused by:

• A)a reduction in the rent demanded by landlords for wheat lands.
• B)an upward shift in the consumer demand curve for wheat.
• C)a rise in the price of all of wheat's compliments.
• D)a rise in the marginal product of wheat lands due to a technological advance.
• E)all of the above taken together.

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging the subject to associate certain actions with specific consequences.

Observation

The act of closely monitoring or taking notice of something or someone, often used as a method in scientific research and daily learning.

Respondent Conditioning

A form of learning in which an individual develops a reflexive response to a previously neutral stimulus by associating it with another stimulus that already elicits that response.

Direct Reinforcement

The process by which a behavior is strengthened or increased by immediately following it with a positive stimulus or reward.