Alex and His Family Moved into an Apartment on the 98th

question 146

Multiple Choice

Alex and his family moved into an apartment on the 98th floor of a building.The first few times that Alex used the elevator,his ears popped and Alex found the sensation uncomfortable.As a result,whenever Alex enters a building with an elevator,he feels his ears pop before he gets to the elevator.In the context of classical conditioning,which of the following is the conditioned response?

• A)Alex's ears popping in the elevator
• B)Alex entering his building elevator the first time
• C)Alex entering any building with an elevator
• D)Alex's ears popping when he enters a building with an elevator

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Definitions:

Perfect Price Discrimination

A pricing strategy where a seller charges the highest price that each consumer is willing to pay, effectively capturing all consumer surplus as profit.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, a measure of producers' benefit.

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit, essentially the cost of producing one additional unit of a good or service.

Total Revenue

The total amount of money a firm receives from the sale of its goods and services, calculated as the price per unit times the number of units sold.