Retailers Simplify Distribution by Reducing the Number of Transactions Required

question 1

True/False

Retailers simplify distribution by reducing the number of transactions required by consumers,and by making an assortment of goods available in one location.

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Definitions:

Extinguish

In psychology, to diminish or eliminate a learned response, typically by no longer pairing the stimulus with the reinforcement.

Fixed-Ratio Schedules

A type of reinforcement schedule in operant conditioning where a response is reinforced only after a specified number of responses, leading to a high and steady response rate.

Response Rates

The percentage of people who answer or respond to a survey or inquiry.

Fixed-Interval Schedules

A reinforcement strategy in operant conditioning where rewards are presented at fixed time periods, provided the appropriate response is made.