Which of the Following Schedules Has a Specific Number of Behaviors

question 17

Multiple Choice

Which of the following schedules has a specific number of behaviors that must be met before a reward is given?

• A)Fixed-ratio
• B)Variable-interval
• C)Fixed-interval
• D)Variable-ratio

Describe how economic incentives and market conditions influence occupational choices.

Recognize the significance of self-employment in wealth accumulation.

Understand the impact of technological improvements on the cost of production and market price.

Analyze the economic effects of reduced production costs on employment and real income.

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Definitions:

Opportunity Cost

What a business, investor, or individual forgoes in benefits when they decide on one choice over a different one.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on their income or profits.

Market Value

The present cost at which a service or asset is available for purchase or sale in the market.

MACRS Depreciation

The Modified Accelerated Cost Recovery System, a method of depreciation used for tax purposes in the United States that allows for accelerated depreciation over the asset's life.