Cost-Oriented Selling Price Per Unit Is Obtained by Adding a Firm's

question 206

True/False

Cost-oriented selling price per unit is obtained by adding a firm's desired profit per unit to the average total cost.

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Definitions:

Positive Reinforcement

A process in behavioral psychology where the introduction of a rewarding stimulus following a desired behavior increases the likelihood of that behavior occurring in the future.

Secondary Reinforcement

A stimulus that gains its reinforcing power through its association with a primary reinforcer, such as praise, tokens, or money.

Operant Conditioning

A technique in education where the potency of an action is transformed by the use of encouragements or punishments.

Classical Conditioning

A behavioral conditioning process where the continual pairing of two stimuli results in the first stimulus eventually eliciting a reaction initially brought about by the second stimulus.