Which of the Following Statements Is Most Accurate Regarding the Element

question 73

Multiple Choice

Which of the following statements is most accurate regarding the element of free choice when market economies are compared with centrally planned economies?

• A)Consumers have free choice in both types of economies.
• B)Free choice exists in market economies,but choices are restricted in planned economies.
• C)Planned economies allow for greater free choice than do market economies.
• D)Consumers do not have free choice in either of these economies.

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Definitions:

Reinforcing

The process of strengthening a behavior by providing a consequence that the individual finds rewarding.

Punishing

The act of imposing a penalty or negative consequence for an undesirable action or behavior, with the intent of reducing or eliminating that behavior.

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.

Respondent Behavior

Behavior that is elicited by a specific stimulus and is part of the classical conditioning process, such as salivating when smelling food.