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Julia Can Fix a Meal in 1 Hour, and Her

question 78

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Julia can fix a meal in 1 hour, and her opportunity cost of one hour is $50. Jacque can fix the same kind of meal in 2 hours, and his opportunity cost of one hour is $20. Will both Julia and Jacque be better off if she pays him $45 per meal to fix her meals? Explain.


Definitions:

Eyeblink Conditioning

Experimental technique in which subjects learn to pair a formerly neutral stimulus with a defensive blinking response.

Classical Conditioning

A learning process where a neutral stimulus becomes associated with a meaningful stimulus, resulting in a conditioned response.

Eyeblink Conditioning

A form of classical conditioning where a subject learns to blink in response to a previously neutral stimulus that has been paired with an unconditioned stimulus that prompts blinking.

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