When a Shortage of a Good Is Present Due to a Price

question 187

Multiple Choice

When a shortage of a good is present due to a price ceiling,

• A) the amount supplied will be greater than the amount demanded.
• B) the quality of the good will generally improve.
• C) non-price factors, such as discrimination or waiting in line, will play a greater role in the allocation of the good.
• D) the demand for the product will increase and, thereby, eliminate the shortage.

Grasp the idea of operant conditioning including shaping and reinforcement schedules.

Recognize the effectiveness of biofeedback for physiological and psychological conditions.

Understand various brain imaging techniques used for data collection in neurofeedback.

Learn about the impact of behavior modification across different domains.

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Definitions:

Reinforcement Strategy

An approach that uses rewards or punishments to strengthen desired behavior or extinguish unwanted behavior.

Reinforcement Strategies

Techniques used to encourage and increase the likelihood of a desired behavior by applying positive or negative reinforcements.

Organizational Behaviour Modification

involves the application of learning principles to change individuals' behaviors within an organization, enhancing overall performance.

Formal Employee Recognition Program

A structured system designed by organizations to acknowledge and reward employees’ contributions and achievements.