Which of the Following Statements Is False

question 45

Multiple Choice

Which of the following statements is false?

• A) Project externalities are direct effects of the project that may increase of decrease the profits of other business activities of the firm.
• B) Incremental earnings are the amount by which the firm's earnings are expected to change as a result of the investment decision.
• C) The average selling price of a product and its cost of production will generally change over time.
• D) Any money that has already been spent is a sunk cost and is therefore irrelevant in the capital budgeting process.

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Definitions:

Second-Order CR

A conditioned response elicited by a stimulus that has been associated with another stimulus already established as a conditioned stimulus.

CS

In psychology, CS stands for Conditioned Stimulus, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

US

in the context of conditioning, stands for the Unconditioned Stimulus, which automatically triggers a response without any learning needed.

Discrimination Training

A process in behavior analysis used to teach an individual to differentiate between stimuli or behaviors based on reinforcement or punishment.