The Implicit Rate of Return That Must Be Paid to Induce

question 118

Multiple Choice

The implicit rate of return that must be paid to induce investors to continue to supply the funds necessary to maintain a firm's capital assets is called

• A) the investors' rate of return.
• B) the opportunity cost of labor.
• C) the opportunity cost of capital.
• D) equity capital.

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Definitions:

Operant Chamber

An experimental apparatus used in the study of animal behavior, allowing researchers to measure responses to controlled stimuli.

Fixed-ratio Schedule

A fixed-ratio schedule is a type of operant conditioning reinforcement schedule where a response is reinforced only after a specified number of responses, leading to a high, steady rate of responding.

Variable-ratio Schedule

In operant conditioning, it is a reinforcement strategy where a response is rewarded after an unpredictable number of responses, leading to high and steady response rates.

Successive Approximation

A method used in behavior therapy to gradually achieve a target behavior through small steps towards the goal.