Figure 5-9 -Refer to Figure 5-9.Using the Midpoint Method,the Price Elasticity of Price

question 90

Multiple Choice

Figure 5-9
-Refer to Figure 5-9.Using the midpoint method,the price elasticity of demand between point C and point D is about

• A)0.29.
• B)0.54.
• C)1.86.
• D)2.0.

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Definitions:

Shaping

A method of gradually teaching a new behavior through the use of reinforcement until the target behavior is achieved.

Chaining

A method of teaching complex behaviors by breaking down the task into small steps and teaching each step within the sequence individually until the whole sequence is mastered.

Positive Reinforcement

A technique used in behavioral psychology to increase the likelihood of a desired behavior by rewarding it.

Stimulus Discrimination

The learned ability to differentiate between similar stimuli and respond appropriately to each.