Perry Works at a Job Where He Is Paid by Commission

question 107

Multiple Choice

Perry works at a job where he is paid by commission. For every car Perry sells, he gets 10% of the profits. Perry is being reinforced on a ________ schedule.

• A) fixed-ratio
• B) fixed-interval
• C) variable-ratio
• D) variable-interval

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Definitions:

Spontaneously

Occurring without external cause, acting or done impulsively and without premeditation.

Firm's Operations

The day-to-day activities involved in running a business, including production, marketing, and sales functions.

Pledging Accounts Receivable

Using accounts receivable as collateral to secure a loan.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.