This Graph Depicts the Demand for a Normal Good

question 149

Multiple Choice

This graph depicts the demand for a normal good. A shift from A to B in the graph shown for a normal good might be caused by:

• A) an increase in price.
• B) a decrease in price.
• C) an increase in income.
• D) a decrease in income.

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Definitions:

Unconditioned Response

An unconditioned response is a natural, unlearned reaction to an unconditioned stimulus, such as salivating when smelling food.

Puzzlebox

A problem-solving device or situation used in experiments, often to study learning and problem-solving skills in animals.

Insight

A sudden realization of the solution to a problem, often associated with a deeper understanding of a situation or concept.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without any prior learning or conditioning.