To Prevent Your Children from Swimming in the Pool When

question 64

Multiple Choice

To prevent your children from swimming in the pool when you are not home, you inform them that they will lose television time for a week if they are caught in the pool when no adults are home. If you actually employ this punishment, you are using ________.

• A) negative punishment
• B) negative reinforcement
• C) positive punishment
• D) positive reinforcement

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Definitions:

Horizontal Restraint

involves agreements among competitors operating at the same level of the market or supply chain to limit competition or manipulate market conditions.

Trade

The exchange of goods, services, or both between two or more parties, either within a country or internationally.

Price Fixing

An illegal practice where competing companies agree on selling prices of their products or services, rather than allowing market forces to set them.

Price Discrimination

A practice of charging different prices to different customers for the same product or service, where such differences are not justified by differences in cost.