Wes Works as a Delivery Man and Can Work as Many

question 37

Multiple Choice

Wes works as a delivery man and can work as many hours as he likes for $12 an hour.He typically works 40 hours a week.Recently,his pay has been cut,and Wes decides to work:

• A) more hours, because the price effect dominates his labor supply decision.
• B) less hours, because the income effect dominates his labor supply decision.
• C) more hours, because the income effect dominates his labor supply decision.
• D) the same amount, because the price effect dominates his labor supply decision.

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Definitions:

Partial Reinforcement

is a conditioning strategy in which a reward is not provided every time a desired behavior is exhibited, leading to more resilient learned behaviors.

Fixed Ratio

A reinforcement schedule in which a response is rewarded only after a certain number of responses have been made, resulting in a consistent and high rate of responding.

Variable Ratio

A reinforcement schedule in which a response is rewarded after a random number of responses, leading to a high resistance to extinction.

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, leading to a pattern of responses.