A Stimulus That Increases the Probability That a Preceding Behavior

question 109

Short Answer

A stimulus that increases the probability that a preceding behavior will be repeated is termed a(n)_____.

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Definitions:

Long-Run Total Cost

The aggregate cost of production when all factors of production, including capital and labor, are variable in the long term.

Profits Maximization

The process or strategy employed by a business to increase its net earnings and achieve the highest level of profit possible.

Price Received

The amount of money paid to a producer or seller for a product or service.

Production Function

A mathematical model describing the relationship between input factors (like labor and capital) and output, indicating how much can be produced with given resources.