Lee Peterson Has Invented a New Product That Detects Water

question 9

Multiple Choice

Lee Peterson has invented a new product that detects water leaks due to broken pipes and sends out an alarm similar to a smoke alarm.However,Lee has very little personal money to invest in improving this new product.Seeing his initial technical success,major corporations have now entered the market with competing products.What will be the probable destiny of Lee Peterson's company?

• A) His company will most likely be overtaken by a larger company or it will go out of business.
• B) His company will remain in the top spot due to its head start.
• C) His company will enjoy commercial success because the entry of other companies will add more legitimacy to the product.
• D) His company will grow rapidly introduce several other related products.

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Definitions:

Matching Law

A principle that states that the proportion of responses directed towards alternatives is equal to the proportion of reinforcements obtained from those alternatives.

Reinforcement

A process in behaviorism where a behavior becomes more likely to occur in the future due to the consequences that follow the behavior.

Matching Law

A principle stating that the proportion of responses on a particular option matches the proportion of reinforcements received for that option.

Maximizing Law

The goal of behavior in a choice task, which is to obtain as many reinforcements as possible.