Figure 7-12 Refer to Figure 7-12. an Increase in Price from $20

question 210

Multiple Choice

Figure 7-12
Refer to Figure 7-12. An increase in price from $20 to $30 would

• A) increase total revenue by $2,000.
• B) decrease total revenue by $2,000.
• C) increase total revenue by $1,000.
• D) decrease total revenue by $1,000.

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Definitions:

Avoidance Conditioning

A learning process through which a subject learns to avoid an unpleasant or harmful stimulus by engaging in particular behaviors.

Passive Avoidance

A learning process in which an individual learns to avoid a stimulus or situation after experiencing or anticipating an unpleasant outcome.

Two-Way Avoidance

A learning process in which an animal or human learns to avoid a negative stimulus by performing a particular behavior.

Unpleasant Situation

A scenario or condition that is not enjoyable or is likely to cause discomfort, distress, or dissatisfaction.