A Market That Is Achieving Allocative Efficiency Also Is Assumed

question 185

True/False

A market that is achieving allocative efficiency also is assumed to be achieving productive
efficiency.

Understand the mechanisms and effects of extinction on behavior.

Recognize the role of behavior modification and self-reinforcement in changing behavior.

Identify brain structures associated with negative contrast effects.

Differentiate between types of reinforcements and schedules of reinforcement.

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Definitions:

Social Characteristics

Attributes that define the social aspects of individuals or groups, including age, gender, ethnicity, social class, and cultural background.

Attributes

are qualities, features, or characteristics that define or identify someone or something.

Motivational Characteristics

Traits or features of a task, environment, or individual that influence the direction, intensity, and persistence of behavior or action.

Social Characteristics

Attributes that define and differentiate individuals and groups within a society.