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Processes That Are Fast,reliable,and Are Insensitive to Increases in Cognitive

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Processes that are fast,reliable,and are insensitive to increases in cognitive demands are said to be

Understand the process of extinction in operant conditioning and factors that influence its occurrence.
Apply the concept of the Premack Principle in modifying behavior.
Identify the use of operant conditioning principles in real-world settings, including business and personal behavior modification.
Distinguish between different schedules of reinforcement and their effects on behavior.

Definitions:

Oligopolistic Industry

A market structure characterized by a small number of firms that have the power to influence the price of their products or services.

Competitive Price Searchers

Businesses that operate in markets with many competitors and product differentiation, where they have to search for the optimal price to balance attracting customers and earning profits.

Barriers to Entry

Factors that prevent or hinder companies from entering a particular market, which can include high startup costs, strict regulations, and established competition.

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