When a Consumer Learns a Desired Behavior Over a Period

question 83

Multiple Choice

When a consumer learns a desired behavior over a period of time, it is called ________.

• A) shaping
• B) conditioning
• C) repetition
• D) extinction

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Definitions:

Operating Leverage

An indicator of how increases in revenue lead to expansions in operating income, showing the level of fixed expenses within a company's cost framework.

Fixed Costs

Costs that do not change with the level of goods or services produced by a business.

Variable Costs

Expenses that change in proportion to the activity of a business, such as the cost of raw materials or production costs.

Variable Costs

Costs that vary directly with the level of production or output.