The Marginal Cost Curve of a Firm Is MC =

question 34

Multiple Choice

The marginal cost curve of a firm is MC = 6y. Total variable costs to produce 10 units of output are

• A) $120.
• B) $300.
• C) $80.
• D) $400.
• E) $26.

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Definitions:

Higher-Order Conditioning

A process in classical conditioning by which a conditioned stimulus is paired with a new neutral stimulus, creating a second (often weaker) conditioned stimulus.

Counterconditioning

A behavior therapy technique that involves replacing an unwanted response to a stimulus with a desired response.

Shaping

A method of positive reinforcement in operant conditioning that rewards closer and closer approximations of the desired behavior.

Negative Punishment

A behavior modification technique where a desirable stimulus is removed following a behavior, with the intention of decreasing that behavior.