Examlex
For years, Sylvester the cat has been fed canned tuna that has been opened with an electric can opener. Now Sylvester races into the kitchen every time he hears the can opener. What is the conditioned stimulus in this example?
Optimal Point
The most favorable or advantageous condition or value of a variable determined within a given set of constraints.
Marginal Benefits
The added pleasure or value that comes from the additional consumption or production of a good or service unit.
Marginal Costs
The supplementary cost involved in the production of one more unit of a product or service.
Production Possibilities Curve
A graph that shows the maximum number of possible units of two commodities that a economy can produce with available resources and technology.
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