____________________ Conditioning Is the Process of Reinforcing or Strengthening a Behavior

question 105

Short Answer

____________________ conditioning is the process of reinforcing or strengthening a behavior by rewarding it with a pleasurable response.

---

Definitions:

Bubble

An increase in the price of a good based not on the fundamentals of demand or value, but instead on a belief that the price will keep going up.

Consumer Behavior

The study of how individuals or groups select, buy, use, and dispose of goods, services, ideas, or experiences.

Rules of Thumb

General principles or guidelines that provide simplified advice or wisdom based on experience or common practice.

Biases

Systematic patterns of deviation from norm or rationality in judgment, where particular feelings, beliefs, or behaviors predominate over others.