The Table Below Shows the Total Utility Associated with Various

question 68

Multiple Choice

The table below shows the total utility associated with various units of goods X and Y.Table 7.5

-When the price of a good changes, the substitution effect occurs because:

• A)the consumers' real income measured in terms of that good changes.
• B)the relative price of that good changes compared to other goods in the consumption bundle.
• C)the total utility of that good decreases.
• D)the marginal utility of that good decreases.
• E)consumers have an incentive to substitute irrational behavior for rational behavior.

Apply principles of classical conditioning to everyday situations and learning processes.

Comprehend the process by which experience leads to a relatively permanent change in behavior.

Understand how conditioned stimuli are developed and how they function within the learning process.

Understand the criteria for defining abnormal behavior, including the impact of behaviors on functioning and well-being.