Suppose the government imposes a price ceiling on gasoline that is less than the equilibrium price. as a result, a. there is incentive for buyers to undertake search activity. b. the price of gasoline rises to the equilibrium price. c. the supply of gasoline will increase and the supply curve will shift rightward. d. the demand for gasoline will decrease and the demand curve will shift leftward.

In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?