Spanking or Taking Away Toys or Privileges Are Examples of

question 44

Multiple Choice

Spanking or taking away toys or privileges are examples of

• A) management techniques.
• B) power assertion.
• C) passive enforcement.
• D) withdrawal of love.

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Definitions:

Perfectly Elastic

An economic term describing a situation where the quantity demanded or supplied changes infinitely in response to any change in price.

Increasing-Cost Industry

Industry whose long-run supply curve is upward sloping.

Output Tax

A tax levied on the production or output of goods and services, often implemented to regulate or diminish the production of certain products.

Cost And Supply Curves

Graphical representations that show how the cost of producing a good and the quantity supplied vary with quantity produced.