One of the Earliest and Strongest Proponents of Learning Theory

question 33

Multiple Choice

One of the earliest and strongest proponents of learning theory was:

• A) John Watson
• B) Sigmund Freud
• C) Joseph Wolpe
• D) John Garcia

---

Definitions:

Market Price

The existing rate at which a product or service may be purchased or sold within a market environment.

Competitive Market

A market structure where many firms offer products or services that are similar, leading to high levels of competition.

Perfectly Competitive

A market structure characterized by a large number of small firms, homogenous products, and free entry and exit, leading to optimal distribution of resources.

MR = MC

An economic principle where the marginal revenue (MR) equals the marginal cost (MC), often used as a condition for profit maximization.