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The Standard Cost Per Unit of Output for a Particular

question 164

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The standard cost per unit of output for a particular input is calculated by multiplying the standard price per unit by the standard number of units produced.


Definitions:

Voluntary Behaviors

Actions that are performed intentionally, under an individual's control, as opposed to automatic or reflexive actions.

Social Learning Theory

A theory that suggests people learn from one another via observation, imitation, and modeling.

Higher Order Conditioning

A learning process whereby a stimulus that has been conditioned to produce a particular response is used in turn to condition a second stimulus to produce the same response.

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response.

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