Paul and Micheal sell magazine subscriptions by telephone. Paul is paid $1.00 for every five calls he makes, while Mike is paid$1.00 for every subscription he sells, regardless of the number of calls he makes. Paul's telephoning is reinforced on a <u>fixed-interval</u> schedule, whereas Mike's is reinforced on a <u>variable-ratio</u> schedule.
<h3><u>What is a fixed-interval timetable?</u></h3>
The initial response is rewarded only after a predetermined period of time has passed in fixed-interval schedules. This schedule results in rapid responses near the end of the interval but slower responses right after the reinforcer are given. A fixed-interval (FI) schedule consists of two parts:
- It calls for the passage of a certain amount of time before reinforcement will be supplied in response to a response, and
- No response during the interval is reinforced; only the first response after the interval's completion is reinforced.
<h3><u /></h3><h3><u>What is the variable-ratio schedule?</u></h3>
A schedule of reinforcement known as a variable ratio schedule rewards a behavior after a predetermined number of responses. High, consistent response rates are the result of this type of timetable. Because they believe that the subsequent reaction might be the one they need to receive reinforcement, organisms are persistent in responding.
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Phased retirement gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribution at a more relaxed pace.
<h3>What is Phased retirement ?</h3>
- A human resource's strategy called phased retirement enables full-time employees to work part-time hours while starting to receive retirement benefits.
- Employers may be able to better manage or even lower payroll costs during the transition by utilizing phased retirement.
- This plan enables the retiree to work less hours, often switching from full to part-time, and uses less payroll funds.
- It is completely optional and requires the agreement of both the employee and the hiring organization.
- An employee must have worked three years straight at a full-time job in order to be eligible to participate.
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Scarcity is to not have enough resources to fullfil a societies wants and needs. The 3 basic questions a society must ask inorder to deal with this are. what to produce? how to produce? and, for whom to produce? whoever answers those questions is how I societies economic system is decided. Though to answer your question in short, the basic goal of a society is to deal with scarcity, they achieve this by producing as much resources as possible with the little resources available.
Answer:
decrease/decrease
Explanation:
The interest rate is a monetary mechanism that serves to keep inflation under control. Inflation is a monetary phenomenon, caused by excess currency in circulation. Thus, the more money in circulation, the higher the interest rate tends to be. Conversely, when the money supply is smaller, inflation will be lower. Consequently, the interest rate will be low. Similarly, when the money supply is high, spending on the economy increases (and causes inflation). When the money supply is low, less money will be in circulation and spending will decrease. Inflation will be low. And the interest rate too!
Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.
<h3><u>
Explanation:</u></h3>
The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.
The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.
