The Below Figure Shows the Various Combinations of the Goods

question 62

True/False

The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3

-If cherries cost twice as much as dates, and the last cherry consumed provides twice as much utility as the last date consumed, the consumer is maximizing utility.

---

Definitions:

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by providing a consequence an individual finds rewarding.

Change Her Behavior

The process or act of modifying an individual's actions or reactions through various methods, such as reinforcement or punishment.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Salivate

The secretion of saliva in the mouth, often in response to the sight, smell, or thought of food.