What Has Occurred When There Is a Decrease in the Likelihood

question 154

Multiple Choice

What has occurred when there is a decrease in the likelihood or rate of a target response?

• A)positive reinforcement and negative reinforcement
• B)negative reinforcement
• C)punishment
• D)positive reinforcement

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Definitions:

Marginal

Relating to the change or difference resulting from a slight incremental increase or decrease in a variable's level.

Economic Variable

A measurable quantity that represents a component of economic performance or behavior, such as GDP, unemployment rate, or inflation.

Rational Decision Makers

Individuals or organizations that make choices that maximize their utility, based on systematic analysis of options and outcomes.

Expected Marginal Benefit

The additional benefit perceived by a consumer or producer from consuming or producing one more unit of a good or service.