A Procedure That Trains People to Make New Responses to Stimuli

question 46

Multiple Choice

A procedure that trains people to make new responses to stimuli that currently trigger unwanted responses is called

• A) light exposure therapy.
• B) transference.
• C) counterconditioning.
• D) unconditional positive regard.

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Definitions:

Average Total Cost Curve

A graphical representation showing the average total cost of producing different quantities of output.

Purely Competitive Firm

A company that operates in a market where there are many buyers and sellers, the products are homogeneous, and there are no barriers to entering or exiting the market.

Economic Profit

The financial delta observed when a business's total outgoings, including every form of cost, are removed from its total intake.

MR = MC Rule

An economic principle stating that profit maximization occurs when a firm's marginal revenue equals its marginal cost.