Answer:
price
consumer tastes and preferences
Explanation:
- for instance ,if consumers complain about the particular goods demanded.
Behavioral economics assumes that humans may not act rationally because of genetics, learned behavior, and rules of thumb.
Behavioral economics is basically the study of psychology as it relates to economics.
Answer:
b. secondary reinforcement and positive reinforcement.
Explanation:
Primary and secondary reinforcement are part of positive reinforcement. Where secondary reinforcement focuses on rewarding on biological needs, secondary reinforcement focuses on learning behavior that is not biologically linked but can be learnt through artificial sources.
In the above example, the act of praising the partner on certain acts will inculcate that behavior. This is a form of secondary reinforcement which part of positive reinforcement.