(Figure: Understanding Network Good Markets) the Graph Depicts the Market

question 314

Multiple Choice

(Figure: Understanding Network Good Markets) The graph depicts the market for a network good. Which letter represents the private demand curve?

• A) E
• B) F
• C) G
• D) H

---

Definitions:

Reinforcement

In behaviorism, a consequence that increases the likelihood of a behavior being repeated.

Fixed-ratio

A schedule of reinforcement where a response is only rewarded after a specified number of responses, leading to high and steady response rates.

Variable-ratio

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, making it highly effective in maintaining behavior.

Fixed-interval

A term in operant conditioning referring to a schedule of reinforcement where a response is rewarded only after a specified amount of time has passed.