Assume That the Quantity of Apples Is Measured on the Horizontal

question 9

Multiple Choice

Assume that the quantity of apples is measured on the horizontal axis and the quantity of oranges is measured on the vertical axis.If the budget line rotates upward while keeping the same horizontal intercept, it implies that

• A)the price of apples has decreased.
• B)the price of oranges has decreased.
• C)the available income has increased.
• D)the price of oranges has increased.

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Definitions:

Response Tendencies

Patterns or predispositions in the way individuals react to certain stimuli or situations, often influenced by psychological factors.

B.F. Skinner

An American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.

Stimulus Situations

Specific environments or scenarios in which particular stimuli are presented to invoke a reaction or response.

Psychodynamic Theories

Psychological theories that emphasize the influence of the unconscious mind on behavior and personality development.