Jay Owns a Classic Car He Purchased for $50,000

question 133

Multiple Choice

Jay owns a classic car he purchased for $50,000. At a car rally a knowledgeable classic car enthusiast offers him $75,000 for the car. Based on this information:

• A)Jay's saving this year has increased by $25,000.
• B)Jay's saving this year has decreased by $25,000.
• C)Jay has experienced a $25,000 capital gain.
• D)Jay's wealth is unchanged.

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Definitions:

Target Response

In behaviorism, it refers to a desired behavior or outcome that is sought in a conditioning process.

Negative Reinforcer

A stimulus that, when removed after a behavior, increases the likelihood of that behavior being repeated in the future.

Primary Reinforcer

Any reinforcer that is naturally reinforcing by meeting a basic biological need, such as hunger, thirst, or touch.

Fixed-Ratio Schedule

A fixed-ratio schedule is a type of operant conditioning reinforcement schedule where a response is reinforced only after a specified number of responses.