Which of the Following Is a Short-Run Decision

question 15

Multiple Choice

Which of the following is a short-run decision?

• A) Because of an increase in enrollment, the economics department hires two new professors.
• B) After a new classroom building is built, the economics department hires two new professors.
• C) Your college builds a new classroom building.
• D) The economics department buys new computers for the professors.

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Definitions:

Observational Learning

The method of acquiring behaviors through observing and mimicking others, commonly referred to as social learning or modeling.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, famously demonstrated by Pavlov.

Operant Conditioning

A technique in education that involves altering a behavior's intensity through reinforcement or penal actions.

Cognitive Dissonance

The discomfort experienced when holding two or more conflicting beliefs, values, or attitudes, especially when actions contradict beliefs.