What Is the Definition of Learning,according to Your Text

question 101

Multiple Choice

What is the definition of learning,according to your text

• A) any change in behaviour or knowledge 
• B) changes in human behaviour as a result of knowledge or direct instruction 
• C) a relatively durable change in behaviour or knowledge that is due to experience 
• D) an intentional change in voluntary behaviour or knowledge

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Definitions:

Marginal Cost

The financial outlay required to produce a further unit of a product or service.

Demand

Demand refers to the quantity of a product or service that consumers are willing and able to purchase at various prices during a given time period.

Inverse Demand Curve

A representation of the demand for a good showing the maximum price consumers are willing to pay for a given quantity.

Perfect Price Discrimination

Perfect price discrimination occurs when a seller charges each buyer their maximum willingness to pay, extracting all consumer surplus.