If Noah Thinks the Last Dollar Spent on Belts Yields

question 115

Multiple Choice

If Noah thinks the last dollar spent on belts yields more satisfaction than the last dollar spent on socks, and Smith is a utility-maximizing consumer, he should

• A) decrease his spending on socks.
• B) decrease his spending on socks and increase his spending on belts.
• C) increase his spending on belts.
• D) increase his spending on socks and decrease his spending on belts.

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Definitions:

Self-Reaction

The process by which individuals evaluate their own behavior and respond to personal successes or failures.

Skinner's Theory

A psychological theory developed by B.F. Skinner that emphasizes the role of reinforcement and punishment in shaping behavior through operant conditioning.

Radical Behaviorism

A theory in psychology that views behavior as the main subject of psychology and emphasizes the influence of the environment on observable behavior.

Graduate School

An advanced program of study focused on a particular academic discipline or profession, typically following the completion of an undergraduate degree.