Chuck Works on the Assembly Line at Widgets,Inc

question 59

Multiple Choice

Chuck works on the assembly line at Widgets,Inc.Because he is a union employee,he is paid $10 for every fifteen widgets he makes.His co-worker,Sally,is a nonunion worker and is paid only when the company makes money,which averages out to be two times per month.Chuck is reinforced on a ____ schedule,while Sally is reinforced on a ____ schedule.

• A) fixed-interval; variable-interval
• B) variable-interval; fixed-ratio
• C) fixed-interval; variable-ratio
• D) fixed-ratio; variable-interval

---

Definitions:

Economic Loss

A decrease in financial wealth, including lost opportunity, costs, inefficiencies, or expenditures that exceed the benefits.

Fixed Cost

Costs that do not vary with the level of output or operations, such as rent, salaries, and insurance premiums.

Economic Loss

The negative difference between a company's revenues and its expenses, including opportunity costs.

Average Variable Cost

The total variable costs divided by the quantity of output produced; it varies with production levels.