How Has the Growing Popularity of Factory Outlet Stores Affected

question 5

Multiple Choice

How has the growing popularity of factory outlet stores affected the market for clothing at retail department stores?

• A)the demand curve for clothing at retail department stores shifts to the right.
• B)the demand curve for clothing at retail department stores shifts to the left.
• C)the supply curve for clothing at retail department stores shifts to the right.
• D)the supply curve for clothing at retail department stores shifts to the left.

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Definitions:

Fixed Ratio Schedule

A schedule of reinforcement where a response is reinforced only after a specified number of responses.

Fixed Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, often used in learning and conditioning.

Gym

A facility equipped with specialized equipment for strength, cardio, and flexibility training, aimed at improving physical fitness.

Reward

A positive reinforcement given following a desired behavior, with the aim of increasing the likelihood of the behavior occurring again.