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Specialization and Trade Can Make Everyone Better Off If a Person

question 144

True/False

Specialization and trade can make everyone better off if a person can obtain goods at prices that are less than that person's opportunity cost.


Definitions:

Aversive Control

A behavioral control technique involving the use of unpleasant stimuli to influence the occurrence of certain behaviors.

Positive Reinforcer

A stimulus that, when presented after a behavior, increases the likelihood of that behavior happening again.

Negative Reinforcer

A stimulus whose removal following a behavior increases the likelihood of that behavior being repeated in the future.

Secondary Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer; not naturally rewarding.

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