-In the Above Figure, If a Subsidy Is Granted to Producers

question 77

Multiple Choice

-In the above figure, if a subsidy is granted to producers that generates an efficient allocation of resources, then consumers will pay a price of

• A) $10 per unit.
• B) $20 per unit.
• C) $15 per unit.
• D) $5 per unit.

---

Definitions:

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by being presented immediately after that response.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, whereby an association is made between a behavior and a consequence for that behavior.

Personal Actions

Actions or behaviors undertaken by an individual, often in the context of personal decision-making or lifestyle choices.

Classical Conditioning

The procedure of learning by associating a natural stimulus with one from the environment.