Examlex

Solved

Pushing a Particular Button on the TV Remote Control Is

question 425

Multiple Choice

Pushing a particular button on the TV remote control is reinforced by gaining the consequence you desire, such as changing channels or muting an obnoxious commercial.This illustrates


Definitions:

Long Lines

Typically a result of excessive demand or insufficient supply, creating a situation where people have to wait for a long time to avail of a service or purchase a product.

Rationing Methods

Techniques used to distribute scarce goods among consumers when demand exceeds supply, such as price increments, waiting lists, or coupons.

Binding Price Ceiling

A government-imposed limit on the price of a good or service that is set below the equilibrium market price, leading to shortages.

Binding Price Ceiling

A price ceiling set below the equilibrium price, leading to a shortage of goods since demand exceeds supply at the set price.

Related Questions