The Famous Experiment Wherein Dr

question 307

Multiple Choice

The famous experiment wherein Dr.Pavlov presented dogs with food at the same time he rang a bell, resulted in dogs that salivated when the bell was rung, even when food was not presented.What principle related to consumer behavior did this research involve?

• A)changing antecedent states
• B)the scientific method
• C)behavioral learning
• D)programmed responsive reasoning
• E)cognitive dissonance

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Definitions:

Loanable Funds

The supply of available capital in the financial markets for borrowing, which can be used for investment purposes by individuals and businesses.

Future Consumption

The use of goods or services at a later date, often facilitated by saving or investing in the present.

Productivity of Capital Goods

The effectiveness with which capital goods, such as machinery and equipment, produce goods or services.

Loanable Funds

The money available for borrowing in the financial market, originating from people or entities who save some part of their income.