That a Dollar Should Be Invested Only When It Will

question 16

Multiple Choice

That a dollar should be invested only when it will return more than a dollar's worth of benefits is called the principle of

• A) conformity.
• B) supply and demand.
• C) contribution.
• D) highest and best use.

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Definitions:

Operant Stimulus

A stimulus that follows a behavior and increases the likelihood that the behavior will be repeated.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any need for learning.

Cognitive Perspective

An approach in psychology that emphasizes internal mental processes as the key to understanding human behavior.

Mentally Anticipate

The act of forecasting or predicting future events or reactions with the mind.