Refer to the Accompanying Figure

question 2

Multiple Choice

Refer to the accompanying figure. A firm would be making positive profits if the price is:

• A) anywhere below $5.
• B) below $5 but above $4.
• C) anywhere above $4.
• D) below $4.
• E) above $5.

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Definitions:

Aversive Conditioning

A method of behavior modification that involves using unpleasant stimuli to discourage undesirable behaviors.

Classical Conditioning

A method of conditioning in which the pairing of two stimuli results in a response initially elicited by the second stimulus being evoked by the first stimulus after repeated associations.

Mary Cover Jones

Mary Cover Jones was a pioneering American psychologist known for her work in behavior therapy and for conducting early studies on the desensitization of phobias.

Ice-Cream

A sweet, frozen dessert made from cream or milk and sugar, often flavored with fruits, chocolate, or nuts.