Most Public Utilities Must Petition Regulatory Commissions in Order to Obtain

question 141

Multiple Choice

Most public utilities must petition regulatory commissions in order to obtain a rate increase. Which pricing constraint does this statement demonstrate?

• A) demand for the product, class, or brand
• B) newness of product in the life cycle
• C) costs of production
• D) type of competitive market
• E) single product versus a product line

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Definitions:

DRL

Differential Reinforcement of Low Rates, a behavior modification technique aimed at reducing undesirable behaviors by rewarding lower frequencies of those behaviors.

DRI

Differential Reinforcement of Incompatible behavior, a behavior modification technique used to encourage desirable behavior by only reinforcing behaviors incompatible with unwanted ones.

DRA

Differential Reinforcement of Alternative behavior is a technique in behavior therapy that involves reinforcing a desirable behavior in place of an undesirable one.

Functional Alternative

An alternative method or strategy that achieves the same goal or function as the original.