Use the Following Scenario to Answer the Questions That Follow

question 67

Multiple Choice

Use the following scenario to answer the questions that follow.
Amy can produce either 5,000 pounds of cheese or 20 houses per year. Jim can produce either 5,000 pounds of cheese or 10 houses per year.
-Jim's opportunity cost of producing one house is ________ pound(s) of cheese.

• A) 1/250
• B) 1/20
• C) 20
• D) 250
• E) 500

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Definitions:

Responding

The act of reacting to a stimulus or situation, often used in the context of behavioral psychology.

Contingency Management

A behavioral strategy that modifies behavior by changing the consequences, typically through rewards or punishments, contingent on the behavior.

Assessment

The evaluation or measurement of the nature, ability, or quality of something, often applied within educational, psychological, or performance contexts.

Behavior Modification

Techniques for changing behavior that rely on Pavlovian conditioning or instrumental or operant conditioning.