When One Monkey Sees a Second Monkey Touch Four Pictures

question 21

Multiple Choice

When one monkey sees a second monkey touch four pictures in a certain order to gain a banana,the first monkey learns to imitate that sequence.This best illustrates

• A) instinctive drift.
• B) vicarious reinforcement.
• C) observational learning.
• D) operant conditioning.

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Definitions:

Overhead Incurred

Overhead incurred refers to the total costs associated with running a business that are not directly tied to a specific product or service.

Overhead Applied

The allocation of indirect costs to produced goods or services, based on a predetermined rate or method.

Underapplied Overhead

This refers to the situation where the allocated manufacturing overhead cost is less than the actual overhead cost incurred.

Cost of Goods Sold

The immediate expenses linked to the manufacture of goods a company sells, which covers both materials and workforce.