Suppose That Land and Capital Are Substitute Resources

question 33

Multiple Choice

Suppose that land and capital are substitute resources.If rent rose,then the employment of capital would be _____ by the substitution effect and _____ by the output effect.

• A)increased;increased
• B)decreased;decreased
• C)increased;decreased
• D)decreased;increased

---

Definitions:

Extinction

In psychology, the gradual weakening of a conditioned response that results in the behavior decreasing or disappearing.

Conditioned Purring Response

A learned response where a cat purrs following specific stimuli as a result of conditioning.

Spontaneous Recovery

After a pause in exposure to the conditioned stimulus, a once suppressed conditioned response emerges again.

Higher-Order Conditioning

A process in classical conditioning by which a stimulus that was previously neutral becomes conditioned by being paired with another conditioned stimulus.