Use the Figure to Answer the Following Question(s)

question 151

Multiple Choice

Use the figure to answer the following question(s) .
Figure 11-8
-If the output in the industry is produced by a monopolist, at what price will the good sell and what quantity will be produced in Figure 11-8?

• A) price, $10; quantity produced, 100
• B) price, $15; quantity produced, 50
• C) price, $15; quantity produced, 75
• D) price, $20; quantity produced, 50

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Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus in classical conditioning.

Secondary Reinforcer

A stimulus that has become reinforcing through its association with a primary reinforcer.

Stimulus Discrimination

The ability to distinguish between different stimuli, even if they are similar, based on learned associations.