You Walk Up to a Soda Machine and Put in a Dollar

question 26

Multiple Choice

You walk up to a soda machine and put in a dollar, and are rewarded with a bottle of root beer.When you put in another dollar, you get another soda.Assuming that the machine has a limitless supply of root beer, which kind of reinforcement schedule does this machine operate on?

• A)Partial reinforcement
• B)Interval reinforcement
• C)Continuous reinforcement
• D)Ratio reinforcement

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Definitions:

Insurance Payouts

Refers to the money that insurance companies pay to policyholders or beneficiaries when a claim is made and approved under the terms of an insurance policy.

Government Bailouts

Financial assistance given by a government to a failing business or sector, intended to prevent widespread economic disruption.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's market price.