Which of the Following Is Most Appropriate When a Manager

question 89

Multiple Choice

Which of the following is most appropriate when a manager realises that he or she has been rewarding the wrong thing and wants to stop the behaviour?

• A) Positive reinforcement
• B) Negative reinforcement
• C) Punishment
• D) Extinction
• E) Classical conditioning

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Definitions:

Total Utility

The total satisfaction or benefit derived from consuming a particular quantity of goods or services.

Law of Diminishing Marginal Utility

An economic principle that states the additional satisfaction a consumer gets from purchasing one more unit of a product will lessen with each additional unit purchased.

Marginal Utility

The additional satisfaction or utility that a consumer derives from consuming one more unit of a good or service.

Total Utility

The total satisfaction or benefit a consumer receives from consuming a specific quantity of goods or services.