The "Rule of Reason

question 86

Multiple Choice

The "rule of reason"

• A)applies to business practices that are illegal regardless of their economic rationale or their consequences
• B)applies to business practices that are legal, regardless of their consequences
• C)means that business practices cannot be proven to be illegal, and a consent decree is required to halt the practices
• D)considers why a certain business practice was adopted and what the effects on competition are, before determining whether the practice is illegal
• E)focuses on market structure rather than on the behavior of firms in determining whether antitrust violations have occurred

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Definitions:

Positive Reinforcer

A positive reinforcer is any stimulus that, when introduced after a behavior, increases the frequency or likelihood of that behavior occurring again.

Negative Reinforcer

In behaviorism, an unpleasant stimulus that, when removed following a behavior, increases the likelihood of that behavior being repeated.

Primary Reinforcer

Something that is naturally rewarding because it fulfills a basic biological need or desire.

Continuous Reinforcement

A learning schedule in which every correct response is followed by a reward, facilitating rapid acquisition of a new behavior.