When Making Decisions, a General Rule Would Be: A

question 59

Short Answer

When making decisions, a general rule would be: a. Fixed costs are always relevant.
B) Variable (unit-level) costs are always irrelevant.
C) Future costs and revenues are always relevant.
D) Future costs and revenues which differ are always relevant.

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Definitions:

Instinctive Drift

The tendency of an animal to revert to instinctive behaviors that interfere with learned behaviors from operant conditioning.

Operant Responding

A method of learning that occurs through rewards and punishments for behavior, emphasizing the effect of consequences on behavior in the future.

Temper Tantrums

Explosive emotional outbursts, usually in response to frustration, common among young children.

Parent-Training

Educational programs designed to teach parents effective child-rearing and behavioral management techniques.