Roslyn Always Used to Shop at Penney's Because for Every

question 82

Multiple Choice

Roslyn always used to shop at Penney's because for every purchase over $20,she would get a 10 percent discount.But since Penney's stopped offering this promotion,Roslyn has stopped shopping there.Her shopping behavior is best explained by ____.

• A) operant conditioning
• B) classical conditioning
• C) the principle of generalization
• D) systematic desensitization

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Definitions:

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy an asset at a specified price within a specified time period.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a set time period.

Fixed Price

A set price for a product or service that does not change under normal conditions.

Derivative Security

A financial instrument whose value is based on an underlying asset, index, or other financial instruments.