Bagels and Cream Cheese Are Complementary Goods

question 153

Multiple Choice

Bagels and cream cheese are complementary goods.Suppose that the price for flour,which is used to produce bagels,increases.The equilibrium price of cream cheese ________,and the equilibrium quantity of cream cheese ________.

• A) rises; decreases
• B) rises; increases
• C) falls; decreases
• D) does not change; does not change
• E) falls; increases

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Definitions:

Classical Conditioning

A learning process in which a biologically potent stimulus is paired with a previously neutral stimulus to elicit a conditioned response.

Negative Reinforcement

A behavioral principle where the removal or avoidance of an unpleasant stimulus increases the likelihood of a behavior being repeated.

Instinctive Drift

The tendency of an animal to revert to instinctive behaviors that interfere with learned behaviors from operant conditioning.

Operant Responding

A method of learning that occurs through rewards and punishments for behavior, emphasizing the effect of consequences on behavior in the future.