Thelma Owns and Operates a Small Meat Pie Stand at a Local

question 133

Multiple Choice

Thelma owns and operates a small meat pie stand at a local farmer's market.When Thelma is producing a small quantity of meat pies,she has few workers and her equipment is not being fully utilized.If she can easily put her idle resources to use,what will happen to the costs of production

• A)The marginal cost of an extra worker is large.
• B)The marginal cost of one more meat pie is small.
• C)The average variable cost of an extra worker will increase.
• D)The average variable cost of an extra worker will decrease.

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Definitions:

UCR

Unconditioned Response, an automatic response to a stimulus that does not need to be learned.

CR

In conditioning, this stands for conditioned response, which is a learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Classical Conditioning

A pairing technique in behavioral learning where two stimuli are repeatedly combined; a reaction, initially instigated by the second stimulus, is finally instigated by only the first stimulus.

Cognitive Dissonance

A state of mental uneasiness caused by possessing multiple opposing beliefs, ideas, or values concurrently.