Which of the Following Is the Most Accurate Summary of Reinforcement

question 120

Multiple Choice

Which of the following is the most accurate summary of reinforcement theory?

• A) We like people who like us.
• B) We are more likely to engage in behaviors that have been rewarded in the past than in other behaviors.
• C) We tend to seek out rewards and avoid punishments.
• D) We like people who make us feel good about ourselves.

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Definitions:

Comparative Advantage

An economic theory that explains how and why it benefits countries to specialize in producing goods in which they have a lower opportunity cost and to trade with others.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain factor results in output increasing by the same factor.

Competitive Equilibrium

A market state where supply equals demand, resulting in an efficient distribution of goods and services without excess.

Price Ceiling

A government-imposed limit on the price charged for a product, intended to protect consumers from high prices.