The Option to Value Inventory at Fair Value Exists Under

question 53

Short Answer

The option to value inventory at fair value exists under

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Definitions:

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Reinforcement

In behavior psychology, a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Operant Conditioning

The method of transforming behavior intensity by administering either reinforcements or punishments.

Shaping

A method of training by which successive approximations toward a desired behavior are reinforced.