A Relatively Permanent Change in Behavior as a Result of Experience

question 106

Multiple Choice

A relatively permanent change in behavior as a result of experience is the definition of

• A)reinforcement.
• B)introspection.
• C)motivation.
• D)learning.

---

Definitions:

Fixed Costs

Expenses that do not change with varying levels of production or sales, such as rent or salaries.

Recession

A significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

After-Tax Profit

The net income after all taxes have been deducted, reflecting the actual profitability of a company.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, typically recognized by a fall in GDP in two successive quarters.