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Exhibit 19-5 ​

question 48

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Exhibit 19-5

Exhibit 19-5 ​    -Refer to Exhibit 19-5. For graph (3) , if the seller of X raises the price from $1.50 to $2.00, the total revenue the seller receives will A) decrease by $30. B) increase by $30. C) decrease by $5. D) not change.
-Refer to Exhibit 19-5. For graph (3) , if the seller of X raises the price from $1.50 to $2.00, the total revenue the seller receives will


Definitions:

Variable Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, which encourages steady response rates.

Responding

The act of giving a reaction or answer to a stimulus or question.

Reinforced

Strengthened or made more effective, often through repeated action or the application of an external stimulus.

Variable-Ratio

In behavioral psychology, a schedule of reinforcement where a response is rewarded after an unpredictable number of responses.

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