In General, a Firm That Concentrates on Local Sales, Has

question 48

Multiple Choice

In general, a firm that concentrates on local sales, has very little foreign competition, and obtains foreign supplies (denominated in foreign currencies) will likely ____ a(n) ____ local currency.

• A)be hurt by; appreciated
• B)benefit from; depreciated
• C)be hurt by; depreciated
• D)none of the above

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Definitions:

Interval Reinforcement

A conditioning schedule where a response is rewarded after a variable amount of time has passed, in behavioral psychology.

Schedule of Reinforcement

A strategy in behavioral psychology determining when and how often a response will be reinforced.

Reinforcement

A process in behavioral psychology that increases the likelihood of a response by adding or removing a stimulus after the behavior.

Schedule

A plan that designates specific times at which certain tasks or events should occur.