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Explain How Ethical Issues May Arise in the Application of Lower

question 101

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Explain how ethical issues may arise in the application of Lower of Cost & NRV rules.


Definitions:

Token Economy

A token economy is a behavioral modification system that uses tokens as symbolic reinforcement for desired behaviors, which can later be exchanged for rewards.

Stimulus

Any event or situation that evokes a response from an organism, often used in the context of behavioral and psychological studies.

Reinforcer

A consequence of an action that affects the likelihood of the action being repeated, or not, in the future.

Operant Conditioning

Operant Conditioning is a learning process through which the strength of a behavior is modified by reinforcement or punishment.

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