"The Value of the Next Best Alternative" Defines

question 179

Multiple Choice

"The value of the next best alternative" defines

• A)the Law of Increasing Costs.
• B)the economic problem.
• C)allocative efficiency.
• D)opportunity cost.

---

Definitions:

Stimulus Generalization

The tendency for the conditioned response to be elicited by stimuli that are similar to the conditioned stimulus.

Spontaneous Recovery

The return of a conditioned response that had previously disappeared, following a break from being exposed to the associated stimulus.

Backward Conditioning

A form of conditioning in which the unconditioned stimulus is presented before the conditioned stimulus, making it less effective or ineffective.

Classical Conditioning

A learning strategy where two stimuli are recurrently associated; initially, the second stimulus elicits a response, but eventually, the first stimulus elicits the response by itself.