The Field of Law That Attempts to Limit the Ability

question 108

Multiple Choice

The field of law that attempts to limit the ability of oligopolists to collude and restrict competition is called:

• A)antitrust policy.
• B)product safety policy.
• C)fuel-efficiency standards.
• D)excise tax policy.

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Definitions:

Desired Behavior

The specific actions or reactions that an individual or organization seeks to encourage or bring about.

Immediate Reinforcement

The delivery of a reward directly after a desired behavior is performed, enhancing its likelihood of recurrence.

Immediate Reinforcement

The prompt delivery of a reward or punishment following a behavior, which strengthens the likelihood of that behavior occurring again.

Contingent Reinforcement

A reward that is given only after a specific behavior is demonstrated, used to encourage that behavior in the future.