Experiments Have Shown That in Situations Where Optimization Theory Predicts

question 16

Multiple Choice

Experiments have shown that in situations where optimization theory predicts one behavior and the matching law predicts another,

• A)animals usually behave as the matching law predicts.
• B)animals usually behave as optimization theory predicts.
• C)animals shift back and forth,sometimes following the matching law and sometimes optimization theory.
• D)people follow the matching law but animals do not.

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Definitions:

Blind

A status on tax filings that provides additional deductions or credits for individuals who are legally blind.

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Income derived from active employment and work, such as wages, salaries, tips, and professional fees.

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An extra deduction amount added to the standard deduction, available to certain taxpayers, such as the elderly or blind.