Examlex
Using reinforcers to change behavior can sometimes create complications. Explain some of the misuses of rewards and reasons why rewards can backfire.
Excess Demand
A market condition where the quantity demanded of a good or service exceeds the quantity supplied at a given price, leading to shortages.
Good Increases
Refers to a situation where the quantity or quality of goods available in a market or economy grows.
Excess Demand
Occurs when the quantity demanded of a product significantly exceeds its quantity supplied, often leading to a shortage.
Equilibrium Price
The price at which the quantity of a good or service supplied matches the quantity demanded, resulting in market stability.
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