An Increase in the Income of Consumers Will Cause the

question 141

Multiple Choice

An increase in the income of consumers will cause the

• A)supply of all goods to rise.
• B)demand for all goods to rise.
• C)supply of all goods to fall.
• D)the demand for some goods to rise and for others to fall.

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Definitions:

Terminal Response

In the context of psychology, this refers to the final behavior or action that occurs at the end of a behavioral sequence, often in response to conditioning or therapy.

Approximation

A technique in mathematics and statistics used to find close but not exact answers, or a process in behaviorism to successively refine behaviors towards a target.

Behavior Therapy

A therapy based on the principles of behaviorism, focusing on modifying problematic behaviors and learning new coping mechanisms.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a reaction to stress.