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In Problem 1, Charlie Has a Utility Function U(xA, XB)

question 23

Multiple Choice

In Problem 1, Charlie has a utility function U(xA, xB) = xAxB, the price of apples is $1, and the price of bananas is $2. If Charlie's income were $320, how many units of bananas would he consume if he chose the bundle that maximized his utility subject to his budget constraint?


Definitions:

Fixed-ratio Scheduling

A type of reinforcement schedule in behaviorism where a response is reinforced only after a specified number of responses.

Negative Reinforcement

A behavior modification technique that involves the removal of an unpleasant stimulus to increase the likelihood of a behavior being repeated.

Primary Reinforcers

Innate reinforcing qualities like food, water, or rest that do not need to be learned because they are naturally satisfying.

Fixed-interval Schedule

A schedule of reinforcement where a response is rewarded only after a specified amount of time has elapsed.

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