Which of the Following Does Not Derive from an Assumption

question 25

Multiple Choice

Which of the following does not derive from an assumption that opponents will not respond to any action that a firm takes?

• A) kinked-demand curve model
• B) Bertrand model
• C) Cournot model

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Definitions:

Unconditioned Stimulus

In classical conditioning, a stimulus that instinctively and automatically induces a response without previously being learned.

Extinction

In psychology, the gradual disappearance of a conditioned response when the reinforcement is withheld; in biology, the end of an organism or of a group of organisms.

Stimulus Generalization

A psychological phenomenon where a response is elicited by stimuli similar, but not identical, to the original stimulus used in conditioning.

Classical Conditioning

A training method where two stimuli are consistently associated, leading to a response initially triggered by the second stimulus being ultimately triggered by the first stimulus alone.