A Machine Had an Original Cost of $60,000

question 133

Essay

A machine had an original cost of $60,000.After $45,000 of depreciation was recorded,the machine was traded in on a new machine priced at $75,000.A $10,500 trade-in allowance was received on the old machine and the balance of $64,500 was paid in cash.This transaction has commercial substance.Prepare the general journal entry to record this trade-in.

Differentiate between various reinforcement schedules (fixed-ratio, variable-ratio, fixed-interval, variable-interval) and their outcomes on behavior.

Describe the process of operant conditioning and its fundamental principles.

Explain the concepts of extinction, spontaneous recovery, generalization, and discrimination in operant conditioning.

Understand the real-life applications of reinforcement principles and how they shape behavior.

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Definitions:

Social Facilitation Method

A process by which the presence of others enhances an individual's performance on tasks.

Foot-In-The-Door Technique

A persuasion strategy where a small request is made first, with the aim of getting compliance for a larger request later.

Social Manipulation Technique

Strategies or methods used to influence or control others' behaviors, attitudes, or perceptions in social contexts.

Personality Characteristics

Traits that define an individual's patterns of thought, feeling, and behavior.