Examlex

Solved

If the Price of a Good Rises and as a Result

question 48

Multiple Choice

If the price of a good rises and as a result total revenue falls, then it must be true that


Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers an unconditioned response without prior conditioning.

Conditioned Response

A learned reaction to a previously neutral stimulus that has become associated with an unconditioned stimulus through classical conditioning.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.

Related Questions