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Lately, you have been reinforcing your child's temper tantrums with your attention.If you withhold your attention, ignoring the temper tantrums for several days, they will eventually stop.A psychologist would call this effect
Income Effect
The change in an individual's or economy's income and how that change affects the quantity demanded of a good or service.
Price Decrease
A reduction in the cost of a good or service, which can increase consumer demand but may decrease supplier profits.
Consumer's Optimal
The point at which the combination of goods and services purchased by a consumer provides maximum satisfaction or utility, given the consumer's income and the prices of goods.
Price of Good
The amount of money required to purchase a specific good or service.
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