The Theory Stating That Rewarded Behavior Is Likely to Be

question 35

Multiple Choice

The theory stating that rewarded behavior is likely to be repeated and that punished behavior is less likely to recur is called

• A) expectancy theory.
• B) Theory Y.
• C) equity theory.
• D) reinforcement theory.
• E) Theory X.

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a specific price level, at a given point in time.

Elasticity Coefficient

A numeric value that measures the responsiveness of the quantity demanded or supplied of a good to a change in one of its determinants, such as price.

Perfectly Inelastic

A situation where the demand for a product does not change in response to changes in price; the demand curve is perfectly vertical.

Gas-guzzler Automobiles

Describes vehicles that are inefficient in their fuel consumption, typically with lower miles per gallon.