Figure 21-20 The Following Graph Illustrates a Representative Consumer's Preferences for Marshmallows

question 510

Multiple Choice

Figure 21-20
The following graph illustrates a representative consumer's preferences for marshmallows and chocolate chip cookies:
-Refer to Figure 21-20. Assume that the consumer has an income of $40, the price of a bag of marshmallows is $2, and the price of a bag of chocolate chips is $2. The optimizing consumer will choose to purchase which bundle of marshmallows and chocolate chips?

• A)A
• B)B
• C)C

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Definitions:

Aversive Conditioning

A form of behavioral training in which noxious stimuli are associated with undesirable behaviors to reduce their occurrence.

Cognitive-behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Transference

In psychoanalysis, the process by which emotions and desires originally associated with one person are unconsciously shifted to another person.

Token Economy

A behavior modification method that uses tokens as a form of immediate reinforcement for exhibiting desired behaviors.