Which of the Following Will Cause No Change in Producer

question 87

Multiple Choice

Which of the following will cause no change in producer surplus?

• A)the imposition of a nonbinding price ceiling in the market
• B)buyers expect the price of a good to be higher next month
• C)the price of a substitute increases
• D)income increases and buyers consider the good to be inferior

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Definitions:

Same Response

This term might suggest a repeated or identical reaction to a stimulus but lacks specificity without context. In behavioral psychology, it might imply a consistent behavior in response to a stimulus.

Behaviorists

Behaviorists are psychologists who focus on observable behaviors as the primary subject matter of psychology, often emphasizing the role of learning in behavior.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences.

Modern Behaviorists

Psychologists who focus on observable and measurable behaviors, rather than internal psychological processes.