Examlex
________ ratios tell whether or not the small company will be able to meet its short-term obligations.
Law of Effect
A psychological principle that behaviors followed by pleasant outcomes are likely to be repeated, while those followed by unpleasant outcomes are less likely to be repeated.
Rewarded Responses
Behaviors or actions that receive positive reinforcement, which increases the likelihood of the behavior being repeated in the future.
Punished Responses
Behaviors that decrease in frequency because they are followed by unpleasant consequences.
Operant
In Skinner’s system, an instrumental response that is defined by its effect (the way it operates) on the environment.
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