The Point on the Budget Line That Reaches the Greatest

question 52

Multiple Choice

The point on the budget line that reaches the greatest level of utility is that point where

• A)the difference between the slope of the budget line and the slope of an indifference curve is greatest.
• B)the budget line touches the horizontal axis.
• C)the slope of the budget line equals the slope of an indifference curve.
• D)the budget line touches the vertical axis.
• E)an indifference curve is beyond the budget line.

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Definitions:

Discriminative Stimulus

A stimulus in the context of operant conditioning that signals the availability of reinforcement or punishment, guiding behavior towards or away from certain responses.

Operant Response

A behavior that is modified by its consequences, including rewards or punishments, as described in operant conditioning theory.

Reinforced

Strengthened or emphasized, often referring to behaviors increased in frequency or intensity due to positive or negative reinforcement.

Positive Reinforcer

A stimulus that, when presented after a behavior, increases the likelihood of that behavior being repeated. Positive reinforcers can include rewards such as praise, treats, or money.