Fill in the Table Below,showing Whether Equilibrium Price and Equilibrium

question 25

Short Answer

Fill in the table below,showing whether equilibrium price and equilibrium quantity go up,go down,stay the same,or change ambiguously.

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Definitions:

Extinction

The diminishing of a conditioned response when the reinforcement or pairing of stimuli is removed.

Generalization

The process by which a response is given in the presence of stimuli that are similar to the stimulus that originally elicited the response.

Fixed-Interval Schedule

A reinforcement schedule where a response is rewarded only after a fixed amount of time has elapsed.

Operant Conditioning

A training technique in which the likelihood of a behavior is changed through the use of incentives or consequences.