The Text Defines Profit as ________

question 24

Multiple Choice

The text defines profit as ________.

• A) A positive gain from operations after all expenses are subtracted
• B) A positive gain from operations before all expenses are subtracted
• C) A positive gain from operations after fixed expenses are subtracted
• D) A negative loss from operations after all expenses are subtracted
• E) None of the above

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Definitions:

Retention

The ability to keep, hold, or maintain something in the mind over time, especially information and memories.

Latent Learning

Learning that occurs without obvious reinforcement and is not demonstrated until there is motivation to do so.

Unreinforced Learning

Learning that occurs without any specific feedback or reinforcement for responses or behaviors.

Extinction

Within psychology, the process where a conditioned response slowly diminishes and eventually ceases when the connection between the conditioned stimulus and the unconditioned stimulus is no longer made.