If a Firm Has No Sales, It Has No Costs

question 28

True/False

If a firm has no sales, it has no costs.​

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Definitions:

Neutral Stimulus

A stimulus that initially does not elicit a strong reaction until it is associated with an unconditioned stimulus.

Classically Conditioned Response

A learned response elicited by a previously neutral stimulus after it has been repeatedly associated with an unconditioned stimulus.

Work Setting

The physical and social context or environment where an individual performs their job or professional activities.

Organizational Norms

Shared standards, values, or rules that dictate the behavior of members within an organization.