According to Skinner's Terminology, Behavior That Acts on the Environment

question 85

Multiple Choice

According to Skinner's terminology, behavior that acts on the environment and changes environmental conditions to the organism's advantage is ________ behavior.

• A) respondent
• B) reinforced
• C) operant
• D) reciprocally determined

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Definitions:

Target Cash Balance

A firm’s desired cash level as determined by the trade-off between carrying costs and shortage costs.

Cost of Borrowing

The total amount of money that a borrower pays to secure a loan, including interest, fees, and any other charges.

Miller-Orr Model

A financial model that helps in managing cash flows and cash reserves of firms, focusing on maintaining an optimal balance level.

Interest Rate

The percentage charged on a loan or paid on deposits over a specific period, reflecting the cost of borrowing or the gain on savings.