Answer:
B. To Purchase the laser printer
Explanation:
Rational Choice theory states that individuals should use rational calculations to make rational choices and achieved outcomes in line with their own personal objectives.
Therefore, having understood that,
Rational calculations to be used here give the data would be calculating Marginal Utility per dollar spent on each commodity.
For the the BMW, marginal utility per dollar = MU/Cost of BMW = 800/40000
= 0.02
For the laser printer, MU per dollar = MU/Cost of printer = 25/1000
= 0.025
Since MU per dollar of the laser printer (0.025) is greater than the MU per dollar of BMW ( 0.02), Jason should choose the Laser printer following rational choice theory.
Answer:
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Answer:
Extinction.
Explanation:
Extinction is a technique used by Applied Behavioral Analysis (ABA) that corresponds to the interruption and elimination of the reinforcement of negative behavior whose central objective is to cause undesirable behaviors to be totally eliminated or not to occur again.
So there are criticisms about this discipline technique, as it is considered that the ideal is to present a substitution behavior in addition to just eliminating the negative behavior, since n extinction only positive behaviors are reinforced, and negatives ignored.
Answer:
$5,566.84
Explanation:
to determine the amount of money that Mary had in her account at the beginning of the year we can use the resent value formula:
present value (PV) = future value (FV) / (1 + interest rate)ⁿ
where:
- FV = $6,248.95
- interest rate = 12.253%
- n = 1
PV = $6,248.95 / (1 + 12.253%) = $6,248.95 / 1.12253 = $5,566.84
This is a kind of economic policy used to contest inflation which includes decreasing the money supply in order to raise the cost of borrowing which in order decreases GDP and reduces inflation. This leads to disinflation and creates the short-run Phillips curve move to the left. So the answer is A.