Solve the Problem. -Margaret Takes Out a Loan on a Fixer-Upper House. She

question 445

Multiple Choice

Solve the problem.
-Margaret takes out a loan on a fixer-upper house. She then spends $4998 in repairs and improvements. She sells the house for $88,320. If the pay-off for the loan that she took out to buy the house is $73,101, what is her net? Is
It profit or loss?

• A) -$20,217, loss
• B) $10,221, profit
• C) $20,217, profit
• D) $166,419, profit

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Definitions:

Stimulus Generalization

The process by which a conditioned response is triggered by stimuli similar to the original conditioned stimulus.

Behavior Modification

A therapy approach aimed at changing undesirable behaviors through reinforcement or punishment.

Stimulus Discrimination

The ability to distinguish between different stimuli, responding only to the specific stimulus conditioned.

Extinction

In behavioral psychology, the process by which a conditioned response decreases in frequency and eventually disappears, often due to the conditioned stimulus being presented repeatedly without the unconditioned stimulus.