A Competitive Firm's Production Function Is F(x₁, X₂) = 6

question 28

Multiple Choice

A competitive firm's production function is f(x₁, x₂) = 6 ₁ + 8 ₂. The price of factor 1 is $1 and the price of factor 2 is $4. The price of output is $8. What is the profit-maximizing quantity of output?

• A) 416
• B) 208
• C) 204
• D) 419
• E) 196

Distinguish between different social learning concepts, such as outcome expectations and observational learning.

Understand the operant conditioning model and its implications for behavior.

Outline the role of ecological theory in understanding behavior within environments.

Describe different types of conditioning and their mechanisms in learning behavior.

---

Definitions:

Sending Neuron

A neuron that transmits a chemical or electrical signal to another neuron across a synapse during neurotransmission.

Excitatory Signals

Neural impulses that increase the likelihood of a neuron firing, leading to an action.

Action Potential

A short-lasting event in which the electrical membrane potential of a cell rapidly rises and falls, allowing neurons to transmit signals over distances.

Minimum Intensity

The lowest level of stimulus intensity required to produce a detectable response or result.