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If Sellers of Good Cars and Sellers of Lemons Both

question 57

True/False

If sellers of good cars and sellers of lemons both offer a warranty on their cars,consumers will then be able to tell which cars are the lemons.


Definitions:

Cognitive Learning

A type of learning that involves mental processes, such as thinking, knowing, problem-solving, remembering, and paying attention.

Operant Conditioning

A simple form of learning in which an organism learns to engage in behavior because it is reinforced.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Social Cognitive Theory

A theory that emphasizes the importance of observational learning, imitation, and modeling in behavior.

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