Once a Point on a Contract Curve Has Been Chosen

question 20

Multiple Choice

Once a point on a contract curve has been chosen,

• A) it is possible to make both individuals better off.
• B) it is possible to make one individual better off only at the expense of the other.
• C) there is no change that would make both individuals worse off.
• D) it is impossible for both individuals to have more of both goods.

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Definitions:

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of no exposure to the conditioned stimulus.

Sexually Arousing

Refers to stimuli or aspects that induce sexual excitement or desire in an individual.

Appropriate US

An unconditioned stimulus that naturally induces an unconditioned response without the need for prior learning or conditioning.

Geometric Figure

A shape or form consisting of lines and angles, defined in geometry.