Studies of Rats That Learn to Go to the Correct

question 15

Multiple Choice

Studies of rats that learn to go to the correct arm of a T-maze, or to press a lever for the opportunity to kill a mouse suggest that aggressive behavior:

• A) itself may be reinforcing
• B) occurs if it is rewarded
• C) is caused by genetic predisposition in some rats
• D) is influenced only by reinforcement

Differentiate between positive and negative externalities.

Recognize the role of government interventions, such as subsidies and taxes, in internalizing externalities.

Understand the Coase theorem and its implications for private solutions to externality problems.

Discuss various policy tools for managing pollution and environmental harm.

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Definitions:

Complements

Goods or services that are used together, so that the consumption of one enhances the consumption of the other.

Substitutes

Products or services that can replace each other in satisfying a consumer's needs or wants.

Monthly Consumption

The total amount of goods and services that consumers purchase and use within a month.

Monthly Income

The total earnings received by an individual or entity on a monthly basis, from sources such as employment, investments, and other income.