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This Payoff Matrix Gives Potential Dollar Gain Values in Thousands

question 20

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This payoff matrix gives potential dollar gain values in thousands for strategies S1, S2, S3, and S4 for Sam's Pizza and competitive strategies CA1, CA2, and CA3 for Pam's Pizza.If Sam chooses S3, how is he feeling about the business climate? This payoff matrix gives potential dollar gain values in thousands for strategies S1, S2, S3, and S4 for Sam's Pizza and competitive strategies CA1, CA2, and CA3 for Pam's Pizza.If Sam chooses S3, how is he feeling about the business climate?   A) Sam is feeling pessimistic because he has chosen a maximax strategy. B) Sam is feeling pessimistic because he has chosen a minimax strategy. C) Sam is feeling optimistic because he has chosen a maximax strategy. D) Sam is feeling optimistic because he has chosen a maximin strategy.


Definitions:

Discriminative Operant

A behavior that is more likely to be performed in the presence of a specific stimulus because the behavior has been reinforced in the presence of that stimulus in the past.

Stimulus Generalization

The process in which a conditioned response is observed, not only to the original stimulus but also to similar stimuli.

Discrimination Learning

A process by which an organism learns to respond differently to various stimuli, distinguishing between similar but distinct cues.

Excitatory Generalization Gradient

The tendency for the conditioned response to be elicited by stimuli that are similar to the conditioned stimulus.

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