The Workers at Snack Time Are Always on Their Feet

question 10

Multiple Choice

The workers at Snack Time are always on their feet and do not take extra long breaks because their supervisor Mr.Dan pays surprise visits to the production department.This practice helps the firm exceed performance targets.Mr.Dan practices which of the following reinforcement schedules?

• A)Variable ratio schedule
• B)Fixed interval schedule
• C)Continuous schedule
• D)Variable interval schedule
• E)Fixed ratio schedule

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Definitions:

After-tax Real Interest Rate

The interest rate received by lenders or paid by borrowers, adjusted for inflation and taxes, that reflects the true cost of borrowing or real yield on savings.

Inflation Rate

The speed at which the overall price level of goods and services increases, diminishing the buying power progressively.

Deflation

A decrease in the general price level of goods and services, often indicating a contraction in the supply of money and credit in an economy.

Crop Prices

The selling price of agricultural products, which can fluctuate based on factors like supply, demand, weather conditions, and government policies.