The Ability of One Producer to Create More of a Good

question 160

Multiple Choice

The ability of one producer to create more of a good than another producer using the same quantity of resources is called

• A) comparative advantage.
• B) absolute advantage.
• C) a positive-sum game.
• D) gains from trade.
• E) the law of increasing relative cost.

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Definitions:

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, used in behaviorist theories.

Reinforcer

A stimulus or event that increases the likelihood of the behavior that led to it happening again.

Electric Shock

A sudden discharge of electricity through a part of the body, often used in psychological experiments or as a form of therapy.

Skinner Box

An experimental apparatus created by B.F. Skinner to study animal behavior, particularly the consequences of actions on behavior.