Warren Has Earned Himself a Reputation for Being the Class

question 2

Multiple Choice

Warren has earned himself a reputation for being the class clown. His teacher, Ms. Washington, used to laugh at Warren's funny remarks, but is now trying to discourage Warren's disruptive behavior by ignoring his jokes. In operant conditioning terminology, Ms. Washington is now trying to modify Warren's joke-telling behavior through

• A) stimulus discrimination.
• B) extinction.
• C) shaping.
• D) negative reinforcement.

Understand the concept of deadweight loss due to price controls.

Identify examples of price floors in real-world market scenarios.

Analyze the implications of removing a binding price floor from a market.

Understand the use of quantity controls, such as quotas, in market regulation.