Which of the Following Best Defines a Cue in the Sense

question 61

Multiple Choice

Which of the following best defines a cue in the sense that Dollard and Miller used the term?

• A) a vague idea about what is desired
• B) an ordered list of possible responses
• C) distinctive stimuli that a person notices at the time of behavior
• D) the reward for a behavior

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Definitions:

Spillovers

Economic events in one context that have effects on a third party or in a different context, often external to the initial economic activity.

Marginal Cost

The additional cost incurred by producing one extra unit of a good or service.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus what they actually receive.