Suppose There Is an Increase in the Demand for Computers

question 93

Multiple Choice

Suppose there is an increase in the demand for computers in a competitive market. Then, in computer production,

• A)the marginal product will not change but the marginal revenue product will decrease.
• B)the marginal product will not change but the marginal revenue product will increase.
• C)both the marginal product and the marginal revenue product will increase.
• D)both the marginal product and the marginal revenue product will decrease.
• E)both the marginal product and the marginal revenue product will not change.

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Definitions:

CS

Conditioning Stimulus; in conditioning, it's the stimulus that, when paired with an unconditioned stimulus, can elicit a conditioned response.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally triggers a reflexive or unlearned response.

Salivation

The secretion of saliva, often in response to the sight, smell, or taste of food, which is part of the digestive process.

Food

Any nutritious substance that humans or animals eat or drink to maintain life and growth.