Token Economies Are Reinforcement-Based Strategies That Use Points,tokens,and Chips as __________

question 173

Multiple Choice

Token economies are reinforcement-based strategies that use points,tokens,and chips as __________ reinforcers.

• A)primary
• B)secondary
• C)neutral
• D)negative

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Definitions:

Equilibrium Price

The price that balances quantity supplied and quantity demanded.

Demand Schedule

A table that shows the quantity of goods or services that consumers are willing and able to purchase at various price levels.

Perfectly Competitive

A market structure characterized by a large number of buyers and sellers, homogenous products, and no barriers to entry or exit.

Duopoly Market

A market structure dominated by only two producers or sellers, leading to a form of competition that significantly impacts pricing and output decisions.