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If a Supply Curve Is Represented by the Equation Q

question 54

Essay

If a supply curve is represented by the equation Q = 10 + 2P, what is its slope?
A.½
B.1
C.2
D.5


Definitions:

Reinforcement

In behavioral psychology, it is any stimulus which strengthens or increases the probability of a specific response.

Response

The reaction or reply to a stimulus or situation in the environment, often studied in psychology to understand behavior.

Operants

Behaviors that are modified by their consequences, a concept central to operant conditioning theory in psychology.

Elicited Behaviors

Elicited behaviors are responses produced automatically by a specific stimulus, often instinctual and not learned through experience.

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