A Change in Demand Means There Has Been a Shift

question 118

Multiple Choice

A change in demand means there has been a shift in the demand curve, and a change in quantity demanded

• A) Results from a change in price of other goods.
• B) Means a shortage or surplus will result from holding prices constant.
• C) Also means demand has shifted.
• D) Means that price has changed and there is movement along the demand curve. Movements along a demand curve are a response to price changes for that good.

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Definitions:

Little Albert

The subject of a famous psychology experiment by John B. Watson, demonstrating how emotional responses could be conditioned in humans.

Classical Conditioning

A learning process that pairs a neutral stimulus with a stimulus that elicits a reflexive response until the neutral stimulus alone elicits that response.

Observational Learning

A form of social learning where behaviors are learned by watching and imitating the actions of others.

Conditioned Taste-Aversion

Learning to avoid a food or drink because it has been associated with an illness or negative experience, even after only one exposure.