In Instinctive Drift, an Animal's Behavior

question 9

Multiple Choice

In instinctive drift, an animal's behavior:

• A) increases based on the reinforcers that follow it.
• B) is elicited by stimuli associated with a reflex.
• C) returns to genetically programmed patterns.
• D) mimics that of another member of its species.

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Definitions:

Long-Run Cost Function

An economic model that describes how production costs change over time as all inputs can be varied by the producer.

Marginal Cost Function

A mathematical relationship describing how the cost of producing one additional unit of output varies as production scale changes.

Optimal Output

The level of production that maximizes a firm's profit, where marginal revenue equals marginal cost.

Producer Surplus

Producer surplus is the difference between what producers are willing to accept for a good or service versus what they actually receive, reflecting gains from trade.