The Retail Training Method Which Involves No Active Participation by Trainees

question 58

Multiple Choice

The retail training method which involves no active participation by trainees is ________.

• A) case study
• B) programmed instruction
• C) lecture
• D) behavior modeling

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Definitions:

Usury Law

Legal regulations that set maximum interest rates which can be charged on loans, aimed at protecting consumers from exorbitant rates.

Shortage

The amount by which the quantity demanded of a product exceeds the quantity supplied at a particular (below-equilibrium) price.

Marginal Land

Land that is of poor quality for agriculture and unlikely to produce a profitable yield without significant investment in improvements.

Rents

Payments made for the use of property or land, or in economic theory, the excess returns to a factor of production over its opportunity cost.