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Use the following diagram to answer the following questions:
-The deadweight loss under monopoly would be
Negative Reinforcers
Stimuli that when removed after a response, increase the likelihood of that response being repeated in the future.
Rewards
In psychology, positive reinforcements or incentives given to encourage desired behaviors.
Tokens
In behavior therapy, tangible items given as rewards for performing certain behaviors or achieving specific objectives, part of a token economy system to reinforce desired behavior.
Token Economies
A behavioral therapy technique where desirable behaviors are reinforced with tokens that can be exchanged for privileges or treats.
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