Suppose a Professor Gives Up Her Teaching Job to Devote

question 137

Multiple Choice

Suppose a professor gives up her teaching job to devote her time to writing textbooks. If salaries of professors rise,

• A) her accounting profit will rise.
• B) her accounting profit will fall.
• C) her explicit costs will rise.
• D) her economic profit from textbooks will fall.
• E) her economic profit from textbooks will rise.

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Definitions:

Variable-Ratio Reinforcement

A reinforcement strategy in operant conditioning where a response is rewarded after an unpredictable number of responses, leading to high and steady response rates.

Fixed-Ratio Reinforcement

A schedule of reinforcement where a response is reinforced only after a specified number of responses, often resulting in a high and steady rate of response.

Fixed-Interval Reinforcement

A type of reinforcement schedule in which rewards are delivered at consistent intervals of time, contingent upon the desired response.

Reciprocal Determinism

A concept in psychology suggesting that a person's behavior both influences and is influenced by personal factors and the social environment.