Shaping Is a Procedure That Involves Two Basic Principles, Namely

question 656

Multiple Choice

Shaping is a procedure that involves two basic principles, namely:

• A)intermittent reinforcement and extinction
• B)continuous reinforcement and instructions
• C)positive reinforcement and extinction
• D)reinforcer sampling and Premack principle

Understand the concept of specific performance for unique items and general category goods.

Acknowledge the impact of consequential damages and liquidated damages clauses in contracts.

Distinguish between different remedies under the Convention on Contracts for the International Sale of Goods.

Understand buyer’s rights in cases of defective goods and the importance of timely action.

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Definitions:

Optimal Pigouvian Tax

A tax designed to correct the inefficiencies in a market that experiences externalities, set at a level that equates the marginal social cost of the externality with the marginal social benefit.

Socially Optimal

Pertains to a condition where resources are allocated in the most efficient manner from the perspective of society as a whole.

Pollution

The presence or introduction of harmful substances or contaminants into the natural environment, causing adverse effects.

Emissions Standard

Regulations that set limits on the amount of pollutants that can be emitted from sources like vehicles and factories.