The Difference Between the Sale Value of the Product and the Value

question 86

Multiple Choice

The difference between the sale value of the product and the value of the inputs that went into it is called the:

• A) value-added of that stage of production.
• B) value of the final product.
• C) profit margin.
• D) mark up.

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Definitions:

Negative Reinforcement

A behavioral principle where the removal of an unpleasant stimulus strengthens a behavior’s occurrence.

Omission Training

A method in behavioral psychology where a desirable outcome is removed following unwanted behavior, as a form of negative punishment.

Extinction

In behavioral psychology, the gradual decrease and eventual disappearance of a conditioned response when it is no longer reinforced.

Negative Reinforcement

A learning process where the removal of an unpleasant stimulus strengthens a behavior.