A Period in Which at Least Some Factors of Production

question 38

Multiple Choice

A period in which at least some factors of production are unchangeable defines

• A) the long run.
• B) one year or less.
• C) the medium run.
• D) two years or less.
• E) the short run.

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Definitions:

Conditioned Response

The learned response to a previously neutral stimulus that has become conditioned through association with an unconditioned stimulus in classical conditioning.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally triggers a response without any prior learning.

Conditioned Stimulus

An initially neutral signal that, upon being linked with an unconditioned stimulus, ultimately elicits a conditioned reaction.

Unconditioned Response

An unconditioned response is an automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.