The Tariff Diagram Illustrates That If the Absolute Value of the Slopes

question 119

True/False

The tariff diagram illustrates that if the absolute value of the slopes of the demand and supply curves are equal, then the deadweight loss of any tariff always equals the wasted resources due to increased domestic production.

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Definitions:

Fixed-interval

A type of schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, resulting in a slow response rate just after reinforcement and a faster rate as the time for the next reinforcement approaches.

Variable-interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed.

Variable-ratio

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, commonly used in behavior modification techniques.

Fixed-ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, commonly used in behavior analysis.