Garbanzo Beans -Consider the Above Table. If the Government Imposes a Price

question 342

Multiple Choice

Garbanzo Beans

-Consider the above table. If the government imposes a price ceiling on garbanzo beans of $8, what would be the likely result?

• A) a surplus of 2,000 garbanzo beans on the market
• B)a shortage of 2,000 garbanzo beans on the market
• C)Market equilibrium will be reached.
• D)The quantity demanded of garbanzo beans would fall to zero.

---

Definitions:

Behaviorists

Psychologists who study and interpret human behavior in terms of observable actions and reactions, often emphasizing the effects of conditioning.

Structuralists

Pioneers in psychology and linguistics who analyzed the structure of mental processes and language by breaking down elements into basic components.

Humanistic Psychologists

Psychologists who focus on individual potential for growth and the role of unique perceptions in growth processes, emphasizing a subjective view of human experience.

Skinner-behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, proposed by B.F. Skinner.