If an Increase in the Price of Good X Causes

question 36

Multiple Choice

If an increase in the price of Good X causes a decrease in the demand for Good Y, we can conclude that:

• A)Goods X and Y are complements.
• B)Goods X and Y are substitutes.
• C)Goods X and Y are normal goods.
• D)the price of Good Y will increase.
• E)the quantity supplied of Good Y will increase.

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Definitions:

Criticize

To express disapproval of someone or something based on perceived faults or mistakes.

Resistance To Extinction

The persistence of a learned behavior even after reinforcement is no longer presented, often observed in conditioning studies.

Negative Reinforcement

Negative reinforcement is a behavioral principle where the removal of an undesirable or unpleasant stimulus following a behavior increases the likelihood of that behavior occurring again in the future.

Punishment

A concept in behaviorism that involves applying an unpleasant stimulus or removing a pleasant stimulus to decrease the likelihood of a behavior being repeated.