Refer to the Scenario Below to Answer the Questions That

question 23

Multiple Choice

Refer to the scenario below to answer the questions that follow.
While you are stopped at a traffic light and listening to a new song on the radio, you are rear-ended by the driver behind you. You suffer mild whiplash and minor bruising, and you are terribly frightened by the accident. Weeks later, you still get anxious whenever you hear the song that was on the radio at the time of the accident.
-From a classical conditioning perspective, the car that hit you would be the

• A) unconditional stimulus.
• B) unconditional response.
• C) conditional stimulus.
• D) conditional response.

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Definitions:

Marginal Cost

The financial outlay for creating an additional unit of a good or service.

Supply Curve

The supply curve is a graphical representation that shows the relationship between the price of a good and the quantity of the good that producers are willing to supply.

Zero Economic Profit

A situation where a firm's total revenues are exactly equal to its total costs, including opportunity costs, typically occurring in perfect competition in the long run.

Marginal Firm

A business that operates at the minimum level of profitability where any decrease in market prices would cause it to exit the market.