Answer:
Critics would point out that binding price floors cause excess supply of the good.
Explanation:
A binding price floor is a minimum price on a good or service, imposed by the government, that is above the market price. Binding price floors are common in agricultural policy, and in wage policy (minimum wage).
A binding price floor causes excess supply because it makes suppliers produce more than the amount consumers demand. Because the price cannot go any lower where supply and demand meet, this excess supply continues to exist, and in the case of agricultural products, is often stored for future times, or even left to rot away.
Answer:
A. incorrect responses are counted and used as the basis of a final score on the program.
Explanation:
B.F. Skinner, a behaviorist in 1950s presented a programmed instruction, that is defined as a system that makes the learner uses specially prepared books or equipment to learn without a teacher.
The purpose, is to enable teachers to be free from burdensome drills and repetitive problem-solving inherent in teaching basic academic subjects like spelling, arithmetic, and reading. Skinner's ideas is centred on the principle of operant conditioning, which theorized that learning takes place when a reinforcing stimulus is presented to reward a correct response.
In his belief, Skinner felt that program instruction learning could, be better compared to traditional teacher-based instruction because children were rewarded immediately and individually for correct answers, instead of teachers correcting them at later time.
Hence, B.F. Skinner program instruction involved all the afore-mentioned except incorrect responses are counted and used as the basis of a final score on the program.