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You Have Conditioned a Dog to Salivate in Response to a Flashing

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You have conditioned a dog to salivate in response to a flashing green light.What would you expect to happen if you continue to pair the green light with food,but periodically present a white light that is NOT followed by food


Definitions:

Premium

The amount by which the price of a financial instrument or asset exceeds its face value or principal value, often related to bonds, insurance, or options trading.

Arbitrage

The simultaneous purchase and sale of the same asset in different markets to profit from unequal prices.

Profit

Profit represents the financial gain achieved when the revenues generated from business activities exceed the expenses, taxes, and costs incurred in operating the business.

Market

A medium or place where buyers and sellers conduct transactions, either physically or virtually, involving goods, services, or securities.

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