Money, Status, and Praise Are Examples of

question 78

Multiple Choice

Money, status, and praise are examples of

• A) consequential reinforcers.
• B) preliminary reinforcers.
• C) primary reinforcers.
• D) secondary reinforcers.

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Definitions:

Perfect Price-Discriminate

A theoretical pricing strategy where a seller charges each customer the maximum price they are willing to pay, leading to maximum profit without excess supply or demand.

Marginal Cost

The increase in expenses associated with the production of an extra good or service unit.

Price Discrimination

A pricing strategy where a firm sells the same product at different prices to different groups of consumers, based on their willingness to pay, without any differences in production cost.

College ID Cards

Identification cards issued by colleges or universities to students, faculty, and staff to access campus facilities and services.