Before the Deregulation in Telecommunications,AT&T Charged Higher Rates on Long-Distance

question 27

Multiple Choice

Before the deregulation in telecommunications,AT&T charged higher rates on long-distance service in order to make local service rates lower.Such a practice is an example of

• A)Price discrimination because different prices were charged for the same service.
• B)The pricing of public goods.
• C)Cross-subsidization of local phone service.

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Definitions:

Conditioned Responses

Learned reactions or responses to previously neutral stimuli that have been associated with a significant event, like Pavlov's dogs salivating at the sound of a bell.

Irrational Thinking

Cognitive processes that are not based on logic or rationality, often leading to erroneous conclusions or actions.

Aversive Conditioning

A behavioral training method that uses negative stimuli to reduce or eliminate unwanted behaviors.

Exposure Therapy

A psychological treatment method that reduces fear and anxiety responses by gradually and repeatedly exposing individuals to feared objects or situations.