(Figure: Price and Quantity V) for Demand Curve D₂, Consumer

question 107

Multiple Choice

(Figure: Price and Quantity V) For demand curve D₂, consumer surplus is $6,400 at a price of $40. Given this, the demand choke price for D₂ is:

• A) $200.
• B) $300.
• C) $100.
• D) $60.

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Definitions:

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning methods.

B.F. Skinner

A renowned psychologist known for his work in behaviorism, emphasizing the role of environmental factors in shaping behavior through reinforcement.

Hans Eysenck

A German-born psychologist known for his work in personality theory and intelligence, including the development of the Eysenck Personality Questionnaire.

Joseph Wolpe

A psychologist known for developing systematic desensitization, a method to reduce patients' phobias and anxieties.