A Guest Speaker Is Coming to Mr

question 66

Multiple Choice

A guest speaker is coming to Mr. Fisk's third-grade classroom, and he wants his students to treat the speaker with courtesy and respect. He decides to give his students 15 minutes of free time if they show appropriate behavior during the guest's visit. From the perspective of social cognitive theory, Mr. Fisk's reinforcement is likely to work only if his students:

• A) Also experience intrinsic reinforcement for good behavior
• B) Expect that this consequence will follow their good behavior
• C) Have previously been directly reinforced for such behavior
• D) Have previously been vicariously reinforced for such behavior

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Definitions:

Firm

An organization that produces and sells goods or services in order to make a profit.

Derived Demand

Derived demand refers to the demand for a good or service that arises from the demand for another good or service it produces or contributes to.

Labor Service

The work performed by employees for employers, contributing to the production of goods or the provision of services in exchange for wages.

MRP = MRC Rule

The principle that to maximize profit (or minimize losses), a firm should employ the quantity of a resource at which its marginal revenue product (MRP) is equal to its marginal resource cost (MRC), the latter being the wage rate in a purely competitive labor market.