The Following Graph Shows the Demand for and the Supply

question 10

Multiple Choice

The following graph shows the demand for and the supply of a good in a country. If the world price of the good is $2.00 per unit, the import quota that would least affect the level of imports in this country is_____.

• A) $3.00 per unit
• B) $2.00 per unit
• C) 50 units per month
• D) 100 units per month
• E) 150 units per month

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Definitions:

Conditioned Stimulus

An initially neutral trigger that, following its association with an unconditioned stimulus, ultimately elicits a conditioned reaction.

Unconditioned Stimulus

In behavioral psychology, an automatically triggering stimulus that leads to a natural response without the need for prior learning.

Spontaneous Recovery

A phenomenon in learning where a previously extinguished response re-emerges after a pause in exposure to the conditioning stimulus.

Learned Response

A behavior developed as the result of conditioning, where an individual learns to respond in a certain way to a specific stimulus.