Examlex
In operant conditioning, learning occurs as a behaviour is modified by the consequences of the behaviour.
Pre-Tax Net Income
The income that a company earns before any taxes are deducted, reflecting the earnings from its core business operations.
Variable Costs
Expenses that change in proportion to the activity or volume of a business operation.
Fixed Costs
Expenses unaffected by the quantity of production or sales, encompassing items like monthly rent, staff remuneration, and various insurances.
Cost Behaviors
The way in which costs change in relation to changes in a firm's level of production or activity, including fixed, variable, and mixed costs.
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