Cutting the Work Hours of Low Performing Employees Is an Example

question 45

Multiple Choice

Cutting the work hours of low performing employees is an example of __________.

• A) positive reinforcement
• B) negative reinforcement
• C) punishment
• D) extinction
• E) classical conditioning

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Definitions:

Profitable Output

The level of production at which a company maximizes its profits under given market conditions.

Break-even Point

The production level at which total revenues equal total expenses, and there is no profit or loss.

Short-run Supply Curve

A graphical representation in economics showing the relationship between the price level and the quantity of goods supplied over a short period, where some factors of production are fixed.

AVC Curve

The Average Variable Cost curve represents how the variable cost per unit of output changes with the quantity produced.