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Mr.Smart tells his students that they can do whatever they want for the first ten minutes of class, but they must then turn their attention to the day's assignment.The students are delighted with their ten minutes of free time but do not subsequently attend to the assignment when it is time for them to do so.From an instrumental conditioning perspective, what mistake has Mr.Smart made?
Predatory Pricing
is a competitive strategy where a company sets extremely low prices to eliminate competition and create a monopoly.
Monopolist
A monopolist is a single supplier in a market that has significant control over the price and supply of a particular good or service.
Market Entry
The act or strategy of bringing a new product or service to the market, facing various barriers to entry.
Dominant Strategy
In game theory, a strategy that is the best for a player regardless of the strategies chosen by other players.
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