The Absolute Value of the Slope of the Production Possibilities

question 57

Multiple Choice

The absolute value of the slope of the production possibilities curve at any point:

• A) gives the price of the good on the vertical axis that must be given up to attain an additional unit of the good on the horizontal axis.
• B) is found by dividing the horizontal change by a vertical change.
• C) gives the quantity of the good on the vertical axis that must be given up to produce an additional unit of the good on the horizontal axis.
• D) gives the price of the good on the horizontal axis relative to the price of the good on the vertical axis.

---

Definitions:

Operant Conditioning

An instructional process whereby the force behind a behavior is shaped by rewards or sanctions.

Shaping

A method of teaching new behaviors by reinforcing successive approximations toward a desired behavior.

Operant Conditioning

A learning process where behavior is controlled by consequences, including rewards or punishments.

Extinction

In behavioral psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.