Which of the Following Results in an Ordinary Gain or Loss

question 117

Multiple Choice

Which of the following results in an ordinary gain or loss?

• A)Sale of a machine at a gain.
• B)Sale of stock held for investment.
• C)Sale of a §1231 asset.
• D)Sale of inventory.
• E)None of the choices are correct.

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Definitions:

Variable Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, making it highly resistant to extinction.

Fixed Interval

A reinforcement schedule where a reward is given after a predetermined time period has passed following a response.

Fixed Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of correct responses, often leading to high rates of response.

Variable Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, in operant conditioning.