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The short-run supply curve and short-run marginal cost curve for a perfectly competitive firm coincide when the market price is greater than average variable cost.
Shaping
A technique in operant conditioning that involves reinforcing behaviors that are increasingly closer to the desired behavior.
Conditioned Response
A learned response to a previously neutral stimulus that has become conditioned.
Conditioned Stimulus
An original neutral stimulus that, following its connection with an unconditioned stimulus, starts to evoke a conditioned response.
Unconditioned Stimulus
A stimulus that naturally and automatically triggers a response without prior conditioning.
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Q64: Exhibit 7-17 Marginal revenue and cost per unit
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Q140: Normal profit is a term for:<br>A) explicit