Assume the Social Marginal Benefit of Remote-Control Drone Flights Is

question 21

Multiple Choice

Assume the social marginal benefit of remote-control drone flights is given by SMB = 200 - 2Q and the marginal cost is given by MC = 3Q + 50. Assuming there are no external benefits and in a perfectly competitive environment, the equilibrium price per flight would be $_____ and the equilibrium number of flights would be _____.

• A) 140; 30
• B) 130; 40
• C) 110; 20
• D) 160; 20

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Definitions:

Dysfunctional Schemas

Enduring patterns of thought and behavior that are maladaptive and deeply ingrained, often leading to dysfunctional outcomes.

Personality Disorders

A class of mental disorders characterized by long-lasting rigid patterns of thought and behavior that significantly disrupt social functioning and personal relationships.

Beck

Refers to Aaron T. Beck, a prominent psychiatrist known for developing cognitive therapy, which later evolved into cognitive-behavioral therapy (CBT).

Functional Analysis

An approach in behavior therapy to identify the antecedents and consequences of behaviors to understand and modify them.