Author Question: For which situation would we expect the adjustment speed to be the fastest? A) The demand for ... (Read 67 times)

michelleunicorn · **on:** Jun 29, 2018

For which situation would we expect the adjustment speed to be the fastest?

A) The demand for surgeons increases.
B) A large increase in birth rates leads to an increase in elementary school teachers.
C) The demand for movie videos increases.
D) The demand for office space in downtown Chicago increases.

Question 2

Consider the case of a teacher who tells students that those who miss more than three classes for any reason will automatically receive a lower grade.

A) This is an example of a positive incentive for students to attend class.
B) This is an example of a negative incentive for students to attend class.
C) The teacher is assuming that students are irrational, and she must force them to attend class.
D) Students who miss more than three classes are irrational.