The Figure Above Shows the Market for Airplanes

question 213

Multiple Choice

The figure above shows the market for airplanes.
-Suppose the airplane market is an oligopoly.According to the figure above,if the firms act as a monopolist,the quantity produced will be ________ planes per week,and if the firms act as competitors,the quantity produced will be ________ planes per week.

• A) 6; 12
• B) 12; 6
• C) 0; 6
• D) 12; 0
• E) None of the above answers is correct.

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Definitions:

A-B-C Model

A framework in psychology that describes the relationships between an Antecedent (A), Behavior (B), and Consequence (C).

Behavior Modification

The use of empirically demonstrated techniques to improve behavior, often by changing the environmental cues and consequences associated with the behavior.

Contingency of Reinforcement

A concept in behavior analysis that describes how the timing and frequency of reinforcement strategies can influence behavior.

Johari Window

A model used to understand self-awareness, interpersonal relationships, and communication involving known and unknown aspects of oneself to both self and others.