A Rising Price Level in the Short Run May Create

question 186

Multiple Choice

A rising price level in the short run may create an incentive for firms to increase production because

• A)costs of production will increase
• B)total sales revenue will decrease
• C)profits will increase
• D)costs of production will increase faster than total revenue
• E)output prices are generally not fixed by contract whereas resource prices are

Understand the concept of environmental cues in association with rewards.

Comprehend the factors motivating escape behavior and the approach towards reward.

Recognize the impact of reward variation on motivation and behavior.

Grasp the principle of anticipatory goal responses and their development.