Refer to the Information Provided in Figure 4

question 82

Multiple Choice

Refer to the information provided in Figure 4.5 below to answer the questions that follow. Figure 4.5
-Refer to Figure 4.5. Assume that initially there is free trade. If the United States then imposes a $10.00 tax per CD-Rom drive on imported CD-Rom drives,

• A) the quantity of CD-Rom drives demanded will be reduced by 3 million.
• B) the quantity of CD-Rom drives supplied by U.S. firms will increase by 3 million.
• C) the price of CD-Rom drives in the United States will increase to $25.
• D) all of the above

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Definitions:

Punishment

A method used to reduce undesirable behavior by applying a negative consequence or removing a positive stimulus following the behavior.

Extinction

In the context of behavioral psychology, it refers to the gradual weakening and eventual disappearance of a conditioned response when it is no longer reinforced.

Behaviorist Approach

A learning theory that focuses on observable behaviors and the ways they're learned, emphasizing the importance of external stimuli and reinforcement.

Observable Behavior

Refers to actions or reactions of an individual or system that are visible and measurable.