Costs of the Firm That Fall with Increased Levels of Investment

question 40

Multiple Choice

Costs of the firm that fall with increased levels of investment in its current assets are called ________ costs.

• A)carrying
• B)shortage
• C)debt
• D)equity
• E)payables

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Definitions:

Operant Conditioning

A learning technique that uses incentives and penalties to influence behavior, thereby affecting the probability of its recurrence.

Secondary Reinforcement

A process where a stimulus reinforces a behavior after it has been associated with a primary reinforcer.

Shaping

A method of teaching new behaviors by rewarding closer and closer approximations of the desired behavior.

Gradual Approximations

A method in behaviorism where complex behaviors are broken down into simpler, achievable steps for learning purposes.