For a "Superstar" to Emerge,it Must Be the Case That

question 307

Multiple Choice

For a "superstar" to emerge,it must be the case that

• A) it is possible to supply the good or service that the superstar produces at low cost to every customer.
• B) some customers are willing and able to pay large sums of money to enjoy the good or service provided by the superstar.
• C) the superstar has a natural monopoly on his or her good or service.
• D) the superstar is willing to settle for a level of pay that is less than the value of his marginal product.

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Definitions:

Conditioning

A method of modifying behavior in which an individual learns to connect a previously neutral stimulus with a behavior that is sought after.

Optimum Interstimulus Interval

The ideal time gap between the presentation of a conditioned stimulus and an unconditioned stimulus for effective associative learning to occur.

Knee-Jerk Reflex

A reflexive action produced by a sharp tap on the tendons just below the kneecap, demonstrating the patellar reflex.

CS

Stands for Conditioned Stimulus, which is a previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually comes to trigger a conditioned response.