Suppose That Dwight and Jim Can Either Make Salads or Grill

question 137

Multiple Choice

Suppose that Dwight and Jim can either make salads or grill steaks.Their maximum output per hour is listed in the following table.Given the same quantity of resources,at what terms of trade (relative price ratio) could they specialize and trade so that both consume outside their own production possibilities frontier (PPF) ?

• A)1 salad per 1 steak
• B)2 salads per 1 steak
• C)2.5 salads per 1 steak
• D)3 salads per 1 steak
• E)3.5 salads per 1 steak

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Definitions:

Spontaneous Recovery

The reappearance of a learned response after extinction has occurred and time has passed, in classical conditioning.

Time Lapse

A photographic technique that captures a sequence of frames at set intervals to show changes that take place slowly over time.

Generalization

The process of forming general statements or conclusions from specific instances.

Extinguished CR

In classical conditioning, this refers to the gradual weakening and eventual disappearance of the conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.