The Table Below Shows the Supply Schedules for Fred's Pizza

question 397

Multiple Choice

The table below shows the supply schedules for Fred's Pizza and Johnny's Pizza, the only sellers of pizza in the market.

-Using the table, Fred's marginal cost of the 200th slice of pizza is

• A) $2.50.
• B) $6.
• C) $0.50.
• D) $20.

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Definitions:

Permanent Behavior Change

A lasting modification of behavior patterns, often as a result of intervention or significant life events.

Operant Conditioning

A learning process in which the likelihood of a behavior is increased or decreased through rewards or punishments.

Skinner

B.F. Skinner, a prominent psychologist known for his work in behaviorism and development of the theory of operant conditioning.

Pavlov

A Russian physiologist best known for his discovery of classical conditioning, where an unconditioned stimulus is paired with a conditioned stimulus to produce a conditioned response.