The Marginal-Cost Curve Intersects the Average-Fixed-Cost Curve at the Minimum

question 89

True/False

The marginal-cost curve intersects the average-fixed-cost curve at the minimum of marginal cost.

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Definitions:

Discriminative Stimulus

A signal in the environment that increases the likelihood of a particular response because it indicates that a specific reinforcement is available.

Generalization Stimulus

The process by which a response is made in the presence of a new stimulus that is similar, but not identical, to the original conditioned stimulus.

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response.

Avoidance

A behavior or mental process consciously or unconsciously designed to prevent exposure to a feared object, task, or situation.