A Price Floor Creates a Situation in Which One Party

question 117

True/False

A price floor creates a situation in which one party wins and another party loses,and the gains for the winner are equal to the losses for the loser.

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Definitions:

Partial Reinforcement

A conditioning strategy wherein a reward is not administered every time the desired behavior is performed, making a behavior more resistant to extinction.

Continuous Reinforcement

A method of learning that entails giving a reward after every desired behavior.

Ratio Schedule

A schedule of reinforcement where a response is reinforced only after a specified number of responses have occurred.

Partial Reinforcement Effect

The tendency for a response that is reinforced after some, but not all, correct responses to be very resistant to extinction.