A Locked-In Cost Is A(n)

question 33

Multiple Choice

A locked-in cost is a(n) :

• A)cost that can be changed in the short run.
• B)cost that has not yet been incurred but,based on decisions that have already been made,will be incurred in the future.
• C)opportunity cost that is fixed in the short run.
• D)cost that has been incurred,but based on decisions that have already been made,will not be incurred in the future.

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Definitions:

Aplysia

A genus of sea slugs used extensively in neurological research due to their simple nervous systems.

Electric Shock

is often used as an aversive stimulus in behavioral experiments, to study learning or modify behavior.

Solomon and Corbit

described the opponent-process theory of motivation and emotion, which explains how the intensity and duration of emotional experiences can change over time with repeated exposure.

Opponent Process

A theory suggesting that emotional reactions to a stimulus are followed by opposite emotional reactions.