Value Consists Of

question 55

Multiple Choice

Value consists of:

• A) a product's proprietary characteristics and attributes for which customers are willing to pay.
• B) a product's performance characteristics and attributes for which customers are willing to pay.
• C) a product's proprietary characteristics and attributes for which customers consider paying.
• D) a product's performance characteristics and attributes for which customers consider paying.

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Definitions:

Fixed-ratio Schedule

A reinforcement schedule in operant conditioning where a response is rewarded only after a specified number of responses, promoting a high and steady response rate.

Variable-interval Schedule

A reinforcement schedule in which a response is rewarded after an unpredictable amount of time has passed, which is used in operant conditioning.

Individual Webpage

A single, unique HTML document on the World Wide Web that can provide content about a person, topic, or organization.

Successive Approximations

A method used in behavior therapy where desirable behaviors are rewarded in stages that progressively get closer to the goal behavior.