Suppose That the U

question 113

Multiple Choice

Suppose that the U.S.has a comparative advantage in the production of spreadsheet software.As a result of opening up the market to international trade,

• A)​U.S.citizens benefit from lower software prices,increasing consumer surplus in the market.
• B)​U.S.software producers are harmed,since the price that these producers receive will decline as the price falls to the world price.
• C)​total surplus in this market will remain unchanged,as the decline in benefits received by software producers exactly balances the increase in benefits received by US software consumers.
• D)​U.S.producers benefit from higher software prices,increasing producer surplus in the market.

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Definitions:

Classical Conditioning

An acquisition method where two stimuli are frequently paired; the response, at first prompted by the second stimulus, is later prompted by the first stimulus in isolation.

Reinforcer

Any stimulus that, when presented after a behavior, increases the likelihood of that behavior occurring again in the future.

Punisher

A person or factor that applies a penalty or negative consequence in response to an action, often used in the context of behavior modification.

Unconditioned Response

in classical conditioning, an unlearned, naturally occurring response (such as salivation) to anunconditioned stimulus (US) (such as food in the mouth).