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Michael's parents want him to learn to play tennis. Michael has no particular interest in the game. From an operant conditioning perspective, Michael may learn the game if his parents are insistent, but __________
Indifference Curve
A graph representing combinations of goods among which a consumer is indifferent, showing preference levels.
Bundle
A collection of items or services offered together as a single package.
Satisfaction
The fulfillment or gratification of a desire, need, or appetite; a measure of utilities or happiness obtained from consuming goods or services.
Marginal Rate
The rate at which something changes as the amount of that something increases or decreases, often used in the context of tax, referring to the rate applied to the last dollar earned.
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