In Phase 1 of a Choice Experiment Involving Concurrent VI

question 17

Multiple Choice

In phase 1 of a choice experiment involving concurrent VI schedules,a human subject receives 25% of his reinforcers by making a left response.In phase 2,he receives 75% of his reinforcers by making a left response.The subject's percentage of left responses is 35% in phase 1,and 95% in phase 2.This performance is an example of

• A)matching
• B)undermatching
• C)overmatching
• D)bias

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Definitions:

Unitary

In the context of price elasticity, a situation where a change in price leads to a proportional change in quantity demanded, meaning the elasticity is equal to one.

Quantity Supplied

The volume of goods or services that manufacturers are ready and capable of selling at a certain price during a particular period.

Perfectly Inelastic

A situation in demand where the quantity demanded does not change regardless of the price level.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, clearing the market.