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Refer to Table 5

question 89

Multiple Choice

Refer to Table 5.15 to answer this question.Suppose that the price of an apple is $2 and the price of a banana is $1 and this consumer has $8 to spend.In order to maximize her total utility,how many of each should she purchase?


Definitions:

Conditioned Response

An automatic response established by training to an ordinarily neutral stimulus after association with an unconditioned stimulus.

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without the need for learning or conditioning.

Conditioned Response

A learned reaction to a previously neutral stimulus due to repeated association with an unconditioned stimulus.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without previous conditioning or learning.

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