The Statement That "As More of a Good Is Consumed

question 95

Multiple Choice

The statement that "as more of a good is consumed, its extra benefit declines" refers to

• A) the law of demand.
• B) the law of diminishing marginal product.
• C) the law of diminishing marginal utility.
• D) the law of comparative advantage.

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Definitions:

Variable-Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, leading to high and stable rates of responding in behavior.

Swinging

A form of social and sexual interaction between consenting adults wherein partners engage in sexual activities with others as a recreational or social activity.

Pitched Ball

In baseball, a ball thrown by the pitcher towards home plate to begin an active play, aiming to get the batter out.

Home Run

In baseball, a hit that allows the batter to circle all the bases, ending at home plate, often by hitting the ball out of the field.