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Kathy takes her 2-year-old son to the supermarket every Saturday. Each week, the same sequence of events unfolds: Her son screams, demanding that Kathy buys him treats. Although she refuses to give in to his demands, he continues to scream. Finally, Kathy yells at the top of her lungs, "QUIET!" He stops screaming instantly. What operant conditioning concepts are illustrated in this story?
Price Floor
A government-imposed minimum price level for a particular commodity or service, aimed at protecting producers.
Legal Minimum
A legally established lower threshold for payments or conditions, such as minimum wage.
Good Sold
Refers to a product that has been purchased by a buyer from a seller in a transaction.
Nonbinding Price Floor
A minimum price set by law above which the market price can lie, without any impact on the market price because the floor is set below equilibrium.
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