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Nathan Buys a New Sound System for His Dorm Room

question 46

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Nathan buys a new sound system for his dorm room for $500.He receives consumer surplus of $400 from the purchase.At what amount does Nathan value his sound system


Definitions:

Classical Conditioning Procedure

A learning process that occurs when two stimuli are repeatedly paired together; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Temporal Conditioning

A form of classical conditioning where the timing of the conditioned stimulus (without an unconditioned stimulus) is enough to produce a conditioned response.

Simultaneous Conditioning

A classical conditioning method where both the conditioned and unconditioned stimuli are presented at the same time.

Backward Conditioning

A conditioning process where a stimulus that normally elicits a response is presented after the response, instead of before it, which can result in weakened associative learning.

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