Microeconomics Is the Branch of Economics That Focuses on the

question 20

Multiple Choice

Microeconomics is the branch of economics that focuses on the

• A) entire economy.
• B) production side of the economy.
• C) consumption side of the economy.
• D) involvement of the government in the entire economy.
• E) choices and decision making of individuals and firms.

---

Definitions:

Punishment

A consequence that reduces the likelihood of a behavior being repeated in the future.

Shaping

A method of training or teaching that involves reinforcing behaviors that are progressively closer to the desired behavior.

Secondary Reinforcer

A reinforcer that is acquired or learned through association with other reinforcers.

Discriminative Stimulus

A stimulus in the presence of which a particular response will be reinforced in operant conditioning.