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In Perfect Competition P > MR

question 165

True/False

In perfect competition P > MR.


Definitions:

Reinforcement

A process in behavioral psychology that involves increasing the probability of a behavior by following it with a positive or negative stimulus.

Responses

Reactions or replies to stimuli or situations.

Punishment

Consequences applied with the intention of reducing or eliminating unwanted behavior.

Imitation

The action of using someone or something as a model and attempting to replicate their behavior or actions.

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