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Talbot's Sells Ladies Sport Coats for $99

question 31

Short Answer

Talbot's sells ladies sport coats for $99.99 that cost $65.50. What is the percent markup on cost? Round to nearest hundredth percent.


Definitions:

Variable Ratio

A variable ratio is a schedule of reinforcement where a response is rewarded after an unpredictable number of responses, often used in behavior analysis.

Soft-Drink Vending Machine

A machine that dispenses cold beverages, such as sodas and juices, usually upon insertion of a coin or token.

Schedule

A plan that gives expected times for different things to happen.

Fixed Interval

In the context of reinforcement, it refers to a schedule where rewards are delivered at consistent time intervals after a desired behavior is performed.

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