When Arthur Fed His Fish, He Used to Switch on the Light

question 42

Multiple Choice

When Arthur fed his fish, he used to switch on the light just before he gave them their food. He noticed that they would swim to the top as soon the aquarium light came on. He decided to see what would happen if he switched on the light but did not feed the fish. For one week he doesn't feed the fish after turning on the light. Arthur is trying to see if ________ will occur.

• A) counterconditioning
• B) extinction
• C) discrimination
• D) instinctive drift

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Definitions:

Horizontal Analysis

A financial analysis technique that examines the changes in the amounts of specific financial statement items over a period of time.

Base Year Figure

A reference point in time used for comparison in financial and economic analysis to track changes and trends.

Common-sized Income Statement

An income statement in which each line item is expressed as a percentage of sales revenue, facilitating comparison across periods and companies.

Common-sized Balance Sheet

A financial statement in which each line item is expressed as a percentage of total assets, facilitating comparison across firms and time periods.