Examlex
Which of the following would be least likely to lose its effectiveness as a reinforcer for a child learning to do household chores?
Utility Function
An economic term describing how consumers rank different bundles of goods or levels of happiness.
Exchanges Of X For Y
Exchanges of X for Y refer to transactions where one item or service (X) is traded for another item or service (Y), highlighting the concept of barter or trade in economics.
Units Of X
A hypothetical measure used in economic models and problems to quantify the amount of a good or service, referred to as Good X.
Utility Function
A mathematical representation that ranks the preferences of consumers or entities based on the consumption of goods and services.
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