A Minor, but Important Reason, for Using Non-Market Transactions Is

question 3

Multiple Choice

A minor, but important reason, for using non-market transactions is that:

• A) it avoids sharing proprietary information with other firms.
• B) it makes sure there is proper motivation of production efficiency.
• C) buying in the market is just too complicated.
• D) all input are available is adequate supply in the market.

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Definitions:

Secondary Reinforcers

Stimuli that acquire their reinforcing properties through their association with primary reinforcers, which are inherently rewarding.

Operant Conditioning

A learning process in which the consequences of an action determine the likelihood of it being repeated.

Shaping

A method in operant conditioning by which behaviors are gradually trained or shaped by rewarding approximations of the desired behavior.

Sea Lions

Marine mammals belonging to the family Otariidae, characterized by external ear flaps, long foreflippers, and the ability to walk on all fours on land.