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The More Reinforcement That Occurs in a Given Situation in Which

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The more reinforcement that occurs in a given situation in which a response is reinforced, the more resistant to disruption that response will be in that situation.This is referred to as:


Definitions:

Total Cost Function

Describes the complete cost of producing a given level of output, summing up all variable and fixed costs associated with production.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

Long-Run Cost Curve

A graphical representation that shows the minimum cost at which any output level can be produced when all inputs are variable.

Economic Profits

The difference between total revenue earned from production and the total opportunity costs of all inputs used in the production process.

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