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A Child Learns to Call a Dog "Bow-Wow" and Now

question 73

Multiple Choice

A child learns to call a dog "bow-wow" and now calls all animals he sees "bow-wow." What is this child's behaviour an example of?


Definitions:

Sunk Costs

Costs that have already been incurred and cannot be recovered, and thus should not affect future economic decisions.

Average Fixed Cost

Is the fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.

Marginal Cost

The cost associated with producing one additional unit of a product, which can vary depending on the level of production.

Output

The amount of goods or services produced by a person, machine, business, or industry.

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