The Benefit of an Activity Is

question 30

Multiple Choice

The benefit of an activity is

• A) purely objective and measured in dollars.
• B) the gain or pleasure that it brings.
• C) the value of its opportunity cost.
• D) measured by what must be given up to get one more unit of the activity.
• E) not measurable on the margin.

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Definitions:

Respond

To react or reply to something, typically as a result of external stimuli.

Matching Law

A theory stating that the proportion of responses directed towards one alternative corresponds to the proportion of reinforcements received from that alternative.

Shortest Delay

The minimal time interval between a signal and its associated outcome, often discussed in the context of learning and reaction times.

Responding

The act of reacting to a stimulus or environment in a way that is observable.