Suppose You Had Extinguished Your Fear of Spiders for a Few

question 8

Multiple Choice

Suppose you had extinguished your fear of spiders for a few months and then this week you suddenly gasped in horror and felt your heart pounding when you saw a small spider on your desk. Which of the following best describes the experience?

• A) stimulus discrimination
• B) stimulus generalization
• C) phobic acquisition
• D) spontaneous recovery

Identify conditions for supply and demand equilibrium in a market.

Understand the significance of the First Theorem of Welfare Economics.

Distinguish between different types of utility functions (e.g., perfect substitutes, perfect complements).

Derive conclusions about consumption and trade patterns based on utility functions.

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Definitions:

Physiological Needs

Basic physical requirements for human survival, such as air, water, food, shelter, and sleep, which are considered the foundation of Maslow's hierarchy of needs.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a hierarchy of needs culminating in self-actualization.

D-Motivation

A concept related to motivation driven by deficiency needs, such as physiological and safety needs, as opposed to growth or being needs.

B-Motivation

Motivation driven by self-actualization and personal growth rather than by basic needs satisfaction.