Using Partial Reinforcement, _____ Schedules Are Much More Resistant to Extinction

question 10

Multiple Choice

Using partial reinforcement, _____ schedules are much more resistant to extinction than _____ schedules.

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

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Definitions:

Rate of Return

The financial gain or loss encountered on an investment throughout a set period, calculated as a percentage of the investment’s initial outlay.

Bid-Asked Spread

The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for an asset.

Broker's Commissions

Fees or payments made to a broker for executing a transaction or providing specialized services.

Price Concession

A reduction in the price of a good or service, often to facilitate a sale or agreement.