Examlex
______ is most closely associated with classical conditioning, while ______ is most closely associated with operant conditioning.
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the scale of operations and output increases.
Making a Profit
The financial gain obtained when the revenue generated from a business activity exceeds the expenses, taxes, and costs associated with maintaining the operation.
Breaking Even
The point at which total costs and total revenue are equal, meaning no net loss or gain has been made.
Taking a Loss
A situation where a business or individual sells an asset for less than its purchase price, resulting in a financial deficit.
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