Jackson, a Dog, Has Learned That When He Wants to Go

question 50

Multiple Choice

Jackson, a dog, has learned that when he wants to go and chase birds in the backyard, he has to stand in front of the back-porch door until his owner lets him out. Recently, Jackson's owner, Ismael, added an inner door to gain access to the back porch. Jackson must now push the inner door open, to be reinforced by the chance to stand at the back door, where his owner will open the door and let him out to chase birds. This behavioural process is called ____________.

• A)behavioural modification
• B)successive approximations
• C)shaping
• D)chaining

Comprehend the concepts of marginal analysis and opportunity costs in economic decision-making.

Distinguish between normative and positive economic statements.

Recognize the importance and applications of economic analysis for consumers and society.

Understand the concept of "there is no free lunch" in economics.

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Definitions:

Journal Entry

A journal entry is a record in accounting that logs all the financial transactions of a business, capturing their effects on the accounts.

Journal

A record where all financial transactions are initially documented in chronological order.

Normal Account Balances

The typical balance side (debit or credit) of an account based on its accounting function.

Increase Side

In double-entry bookkeeping, the side (debit or credit) of an account that is used to record increases in the account's balance, which varies depending on the account type.