Consumers Adjust Their Purchasing Behavior So That

question 98

Multiple Choice

Consumers adjust their purchasing behavior so that:

• A) they purchase as many scarce resources as possible.
• B) marginal rate of substitution is maximized.
• C) marginal rate of substitution is minimized.
• D) the ratio of prices they pay equals their marginal rate of substitution.

Understand the concepts and applications of behavior modification programs.

Learn about the principles of operant conditioning including reinforcement schedules and their effects on behavior.

Understand the principles of classical conditioning and how it differs from operant conditioning.

Recognize the role of antecedents and consequences in shaping behavior.

---

Definitions:

Spank

A form of physical discipline involving hitting the buttocks, typically with an open hand, used by some as a punitive measure for children.

Discipline

A field of study or branch of knowledge, or the practice of training individuals to follow a specific code of behavior, often through correction and instruction.

Abuse

Harmful, injurious, or offensive treatment of a person or entity, which can be physical, emotional, sexual, or psychological.

Harm Reduction

A set of practical strategies aimed at minimizing negative health, social, and legal impacts associated with various human behaviors, notably drug use.