A Horizontal Long-Run Industry Supply Curve Occurs Under Conditions of

question 170

Multiple Choice

A horizontal long-run industry supply curve occurs under conditions of

• A)economies of scale
• B)diseconomies of scale
• C)monopoly
• D)increasing costs
• E)constant costs

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Definitions:

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any need for learning.

Primary Reinforcer

An innately reinforcing stimulus, such as one that satisfies a biological need.

Positive Punishers

Stimuli that, when introduced after a behavior, decrease the likelihood of that behavior occurring in the future.

Generalization

The process of applying the information or conclusions from specific instances to broader contexts or situations.