Land Used to Grow Corn Could Also Be Used to Grow

question 160

Multiple Choice

Land used to grow corn could also be used to grow soybeans. Which of the following is true when the farmer plants soybeans and the market price of corn rises?

• A) The opportunity cost of producing soybeans decreases.
• B) The opportunity cost of producing soybeans increases.
• C) There will be no change in the opportunity cost of producing soybeans.
• D) The opportunity cost of producing corn increases.

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Definitions:

Operant Learning Theory

A theory of learning that emphasizes the role of reinforcement and punishment in shaping behavior.

Continuous Reinforcement

A learning process in psychology where a behavior is reinforced each time it is demonstrated, leading to higher likelihood of repetition.

Short Delay

A brief period of waiting or postponement before an action takes place or a process starts.

Triadic Reciprocal Causation

Triadic reciprocal causation is a model proposed by Albert Bandura that explains human behavior through the interaction of behavioral, cognitive, and environmental factors.