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Mr.O.Carr has the cost function c(y)= y2 + 100 if his output, y, is positive and c(0)= 0.If the price of output is 25, Mr.Carr's profit-maximizing output is zero.
Reinforcement Schedules
The strategies used in behavior modification that determine how and when a response will be rewarded.
Mentally Alert
The state of being aware and able to think and respond quickly; sharpness of mind.
Intermittent
Occurring at irregular intervals; not continuous or steady.
Self-motivation
The intrinsic drive to achieve goals, fulfill needs, and enhance personal growth without external encouragement.
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