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Would a bonus provided for working really hard during the year be an example of a reinforcer? As the bonus is provided at the end of the year and not right after the observed behaviour. If it is would the primary reinforcer here be the money recieved that can be used to buy primary reinforcers (like food) and the secondary reinforcer be the bonus?
q1. in the absence of a price floor the maximum price that a few of the consumers are willing to pay is 0.20 for a
How does fiat money differ from commodities like gold or silver that were used as money? Define both Money supply 1 and money supply 2
In the early part of the 21st century the high protein Atkins diet became quite popular in the US. Explain what the popularity of this diet would do for demand for a high protein food like meat and for the marginal utility of meat at former levels of..
Gross private domestic investment does not include what?
Suppose that 0 workers generate 0 output, 1 worker generates 8 units of output, 2 workers generate 20, 3 workers generate 35, 4 workers generate 45, and 5 workers generate 47 units of output, 6 workers generate 47 units of output, while 7 workers gen..
When will the society be better off not permitting production of a particular good?
If 800 units are sold at a price of $120 and 240 units are sold at a price of $180, what is the absolute value of the price elasticity of demand? Use the midpoint formula. Which of the following pairs of items will have a negative cross-price elastic..
Elucidate why Pizza Hut has expanded its offerings of pizza over the past five decades
He determines it has a concentration of 7.5 x 1014 phage/mL. He is given a Salmonella typhimurium host culture with a concentration
Determine the down payment that must be made on an automobile that cost $20,000 if payments are limited to $375 per month for 48 months at 9% interest.
The nominal interest rate is 6% per year, compounded monthly. Payments are made monthly for 3 years. The original loan is for $12,000.
How does a tax affect an individual’s decision? Consider the case of an individual who consumes two goods: bread and tortillas, both of which are initially free. Also, assume that the price of each good and the individual’s income are given
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