This Has Been Defined as "Of Several Responses Made to the Same

question 36

Multiple Choice

This has been defined as "of several responses made to the same situation,those which are accompanied or closely followed by satisfaction [reinforcement] ...will be more likely to recur; those which are accompanied or closely followed by discomfort [punishment] ...will be less likely to occur."

• A) Law of chances
• B) Law of performance
• C) Law of effect
• D) Law of sufficiency

Interpret and apply the concept of the profitability index in investment appraisal.

Analyze the impact of no salvage value and the effect of depreciation on investment decisions.

Evaluate and compare various investment projects using different capital budgeting techniques.

Understand the total cost approach to capital budgeting analysis and its application.

---

Definitions:

Supreme Court's Decision

The final judgment or decree issued by the Supreme Court, which has the ultimate legal authority in the United States.

Integration

The process of uniting or combining different groups, especially racially segregated groups, into a single society or organization.

Politically Disenfranchised

Refers to individuals or groups who are deprived of the right to vote or participate in political activities.

Federal Government

The national government of a federal country, which holds the central political authority, distinct from regional or state governments within the same country.