If an Activity Results in a Spillover Benefit,then in a Pure

question 30

Multiple Choice

If an activity results in a spillover benefit,then in a pure market economy the:

• A) quantity produced is too low.
• B) quantity produced is too high.
• C) market supply is too low.
• D) market supply is too high.

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Definitions:

Two-Factor Theory

A psychological theory proposing that human emotions result from a combination of a state of physiological arousal and a cognitive interpretation of that arousal.

Avoidance Learning

is a process by which an individual learns a behavior or response to avoid a noxious or unpleasant situation or stimulus.

Aversive Event

An unpleasant or noxious stimulus that an organism seeks to avoid or escape, often used in aversive conditioning.

Matching Law

A principle stating that the proportion of responses on a particular schedule matches the proportion of reinforcements obtained on that schedule.