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At the Minimum or the Maximum of the Graph of a Non-

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At the minimum or the maximum of the graph of a non- linear function (with x on the horizontal axis and y on the vertical axis) the slope of the curve is

Recognize the impact of changes in income and prices of related goods on demand.
Understand the implications of economic conditions such as recession on consumer behavior and market outcomes.
Identify the characteristics of different market structures, including competition and monopoly.
Understand the effects of government intervention in the economy, such as through taxes, subsidies, and regulation.

Definitions:

UCS

Unconditioned Stimulus; a stimulus that triggers a naturally occurring response without the need for prior learning.

Flavor Aversion Conditioning

A learning process in which an organism learns to avoid a particular taste because it has been associated with a negative reaction, such as nausea or discomfort.

Temporal Conditioning

A technique in which the presentation of the unconditioned stimulus (UCS) at regular intervals causes the internal state present at the time of the UCS to become able to elicit the conditioned response (CR).

Significant Distress

Intense emotional discomfort or pain that significantly impacts an individual's daily functioning or well-being.

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