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Demand and Supply Schedules for Chocolate Bars

question 62

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Demand and Supply Schedules for Chocolate Bars
Demand and Supply Schedules for Chocolate Bars    TABLE 5-1 -Refer to Table 5-1.Suppose the government established a price ceiling of $1.00 per chocolate bar.How many thousands of chocolate bars would be exchanged per week? A) 1800 B) 1850 C) 1900 D) 2000 E) 2100 TABLE 5-1
-Refer to Table 5-1.Suppose the government established a price ceiling of $1.00 per chocolate bar.How many thousands of chocolate bars would be exchanged per week?


Definitions:

Variable-Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses. This schedule creates a steady, high rate of responding.

Fixed-Interval

A reinforcement schedule in which the first response after a certain time period has passed is rewarded.

Variable-Interval

A schedule of reinforcement where a response is rewarded after an unpredictable period of time has passed, promoting a steady, consistent response rate.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, often used in behavior modification programs.

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