Which of the Following Is the Best Reason Why We

question 8

Multiple Choice

Which of the following is the best reason why we typically pay a relatively low price for water?

• A) Additional units of water are normally not worth much to us.
• B) Because water is abundant,the total utility we receive from water is relatively low.
• C) Because water is abundant,the marginal utility we receive from water is relatively high.
• D) Although additional units of water are normally worth a lot to us,the supply of water is so great we refuse to pay a high price for these additional units.

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Definitions:

DRL

Differential Reinforcement of Low Rates, a behavior modification technique used to encourage low rates of behaviors by providing reinforcement only if the behavior occurs at or below a prescribed rate.

DRO

Differential Reinforcement of Other behavior; a strategy where reinforcement is provided for any behavior that is not the undesired target behavior.

DRL

Differential Reinforcement of Lower rates of behavior, a technique used to decrease frequent behaviors without completely eliminating them.

Reinforcement

The process of increasing the likelihood of a behavior by following it with a positive stimulus or removing a negative one.