Figure 10-10 -Refer to Figure 10-10. Which of the Following Statements Is

question 402

Multiple Choice

Figure 10-10
-Refer to Figure 10-10. Which of the following statements is correct?

• A)The private cost of producing the 120^th unit of output is $12.
• B)The social cost of producing the 120^th unit of output is $22.
• C)The external cost of producing the 120^th unit of output is $2.
• D)All of the above are correct.

---

Definitions:

Mechanistic

Pertaining to the theory or approach that interprets the functioning of a complex system as if it were a machine or as being governed by predictable and explainable processes.

Response Tendencies

Patterns of behavior that an individual exhibits in response to a specific stimulus or situation.

B. F. Skinner

An American psychologist and behaviorist known for his work on operant conditioning and his development of the theory of behaviorism.

Person-Centred Theory

A psychological approach emphasizing the importance of self-awareness and the innate tendency toward growth and fulfillment, developed by Carl Rogers.