If the Use of a Common Resource Is Not Regulated

question 10

Multiple Choice

If the use of a common resource is not regulated, it:

• A)is a natural monopoly
• B)is a public good
• C)is a private good
• D)will be overused

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Definitions:

Conditioned Strength

The extent to which a conditioned stimulus can elicit a strong and reliable conditioned response after associative learning has occurred.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any need for learning.

CS Preexposure Effect

The phenomenon where prior exposure to a conditioned stimulus without the unconditioned stimulus can inhibit the formation of a conditioned response when both are later paired.

Aversion

A strong dislike or disinclination toward something often because of anticipated negative consequences or outcomes.