MrSmith Uses a Token Economy System in His History Class

question 73

Multiple Choice

Mr.Smith uses a token economy system in his history class.Whenever Bill breaks a rule,he lose a "chip." If the infraction is major,Bill loses several chips.This is an example of

• A)cueing.
• B)presentation punishment.
• C)removal punishment.
• D)satiation.

---

Definitions:

Monopoly

A market structure characterized by a single seller, selling a unique product in the market with no close substitutes, often leading to high prices and limited consumer choice.

Relevant Market

The market in which a particular product or service competes, including potential customers and competing products.

Monopoly Power

The ability of a single company or entity to control or dominate an industry or sector, often leading to limited competition and higher prices for consumers.

Vertical Merger

A merger in which a company at one level of the manufacturing-distribution system acquires a company at another level of the system.