The Most Anyone Is Willing to Pay for Another Purse

question 115

Multiple Choice

The most anyone is willing to pay for another purse is $30.Currently the price of a purse is $40, and the cost of producing another purse is $50.The marginal benefit from a purse is

• A)$20.
• B)$40.
• C)$50.
• D)$10.
• E)$30.

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Definitions:

Obsessive-compulsive Disorder

A mental disorder where people feel the need to check things repeatedly, perform certain routines, or have certain thoughts repeatedly.

Systematic Desensitization

A behavior therapy used to reduce clients’ anxiety responses through counterconditioning.

Unconditioned Stimulus

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

Therapeutic Outcomes

The results or consequences of medical or psychological interventions, indicating the effectiveness or success of the treatment.