The Production Possibilities Curve Tells Us

question 179

Multiple Choice

The production possibilities curve tells us:

• A)what specific combinations of two products is most desired by society.
• B)that costs do not change as society varies its output.
• C)costs are irrelevant in a society which has fixed resources.
• D)what combinations of two goods can be produced with society's available resources.

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Definitions:

Conditioned Taste Aversion

A learned association between the taste of a specific food and illness, leading to an aversion to that food.

Classical Conditioning

A technique in learning where two stimuli are regularly brought together; a reaction, at the beginning caused by the second stimulus, is in the end caused by the first stimulus alone.

Applied Behavior Analysis

A therapy based on the science of learning and behavior, focusing on improving specific behaviors and understanding the influence of the environment on behavior.

Immediate Reinforcements

Immediate rewards or punishments following a behavior, which increase or decrease the likelihood of that behavior being repeated.