Examlex

Solved

Which of These Occurs When a Consequence That Is Introduced

question 106

Multiple Choice

Which of these occurs when a consequence that is introduced decreases the frequency or future probability of a behaviour?


Definitions:

Marginal Benefits

The boost in pleasure or benefit experienced from the consumption or creation of one extra unit of a good or service.

Marginal Costs

The boost in total charges incurred by producing one more unit of a product or service.

Rational Self-interest

Acting in a way that is most beneficial to oneself, based on logical and reasoned decision-making.

Utility

In economics, the satisfaction or benefit derived from consuming a product or service.

Related Questions