Examlex
The price of a new toy increases from $5 to $7 and the quantity demanded decreases from 12,000 to 6,000 per month as a result. Based on this information, the price elasticity of demand (in absolute terms) is estimated to be equal to:
Environmental Contingencies
The relationship between behavior and its consequences as determined by the environment, often influencing future behaviors.
Operant Model
A theory of learning that describes the change in behavior as a result of the consequences of that behavior, whether rewards (reinforcers) or punishments.
Discrimination
The ability to distinguish between different stimuli or the unfair treatment of individuals based on group membership such as race, gender, or ethnicity.
Daily Feedback
Continuous or regular comments provided on a daily basis to improve or guide performance.
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