What Is the Benefit of Having the Internet Facilitate the Use

question 47

Multiple Choice

What is the benefit of having the Internet facilitate the use of an auction pricing mechanism like eBay?

• A) Participants no longer have to be in the same place for the auction.
• B) Potential buyers are able to see the products up close.
• C) Sellers are able to communicate with the bidders.
• D) Sellers have more information.
• E) Bidders are better able to follow previous bids.

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Definitions:

Continuous Reinforcement

A reinforcement strategy where a desired behavior is rewarded every time it occurs, leading to quicker learning of that behavior.

Negative Reinforcement

A behavioral concept where the removal of an undesirable or negative outcome following a behavior increases the likelihood of that behavior being repeated in the future.

Partial Reinforcement Strategy

A conditioning strategy where rewards or consequences are not given every time the desired behavior is performed, making the behavior more resistant to extinction.

Good Report

Good report typically means positive feedback or evaluation about an individual's or organization's performance, conduct, or results.