Figure 10-2

question 429

Multiple Choice

Figure 10-2. The graph depicts the market for plastic.

-Refer to Figure 10-2.Suppose that the production of plastic creates a social cost which is depicted in the graph above.Without any government regulation,what price will the firm charge per unit of plastic?

• A) $3
• B) $3.50
• C) $5
• D) $8

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Definitions:

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an individual makes associations between a particular behavior and a consequence.

Applied Behavior Analysis

A therapy based on the science of learning and behavior, aimed at improving specific behaviors and understanding how behavior is affected by the environment.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior.

Sweet-Tasting Water

This likely refers to water perceived as sweet due to either natural minerals, added substances, or a sensory illusion, not typically a key term in scientific literature.