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gladu [14]
3 years ago
7

E. L. Thorndike’s Law of Effect states that _________.a. It states a response followed by a reward is more likely to recur in th

e future. b. It states principals have perfect information on the degree to which an agent is pursuing goals. c. It states a behavior is a function of ability and knowledge. d. It states valence of pay outcomes should vary under different pay systems. e. It states monetary incentives increase intrinsic motivation.
Business
1 answer:
AlexFokin [52]3 years ago
8 0

Answer:

A) It states a response followed by a reward is more likely to recur in the future.

Explanation:

E.L. Thorndike stated in 1898 that the Law of Effect in psychology is a behavioural term used to describe the attitude of humans towards positive responses. The Law of Effect states that the responses that produce a satisfying effect to a particular situation become more likely to occur again in  that situation and responses that produce a discomforting effect become less likely to occur again in that situation. This thus explains the situation when man's senses are programmed to positivity especially when it involves satisfaction.  It also means that when a positive thing occurs, there is a strong possibility that it will occur again.

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When economists refer to "demand," they are speaking of:a) how much everyone wants of all products bought and sold in the nation
stellarik [79]

Answer:

d) all of the above.

Explanation:

All of the above statement correspond to different definitions of demand that economists use on a daily base.

Statement A) refers to aggregate demand, which is roughly equivalent to GDP.

Statement A.2) refers to demand schedule, which is also simply referred to as demand in the press, or in informal contexts.

Statement B) refers to an equilibrium quantity demanded, which occurs when supply and demand meet under an equilibrium price.

Statement C) refers to quantity demanded because it is not always relevant, when talking about demand, whether the good demanded is a necessity or a luxury.

3 0
3 years ago
If you place a part of your summer earnings in a savings account, you are using money primarily as a
Flauer [41]

You are using money primarily as a : Store of value

Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

Other characteristics of money includes :

  • Medium of exchange
  • Unit of account
  • Standard of value

Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.

Learn more about functions of money here : brainly.com/question/25959268

6 0
2 years ago
A for of advertising that touts the benefits of a specific good or service is called?
Romashka [77]
It's product advertising
4 0
3 years ago
Joey realizes that he has charged too much on his credit card and has racked up $5,000 in debt. If he can pay $150 each month an
olasank [31]

Answer:

47 months

Explanation:

This can be calculated using a financial calculator :

I = 18% / 12 = 1.50%

PV = -5000

PMT = 150

FV = 0

N = 47 months

6 0
3 years ago
A limited liability company is created through filing the ________ with a state official.
krok68 [10]

The formation of a limited liability company is accomplished by filing the limited liability company (with a state official.

A limited liability company is a corporate structure that protects its owners from being personally sued for repayment of the company's debts or liabilities (LLC).

How we form an LLC?

  • Although the rules for LLCs differ per state, there are some broad similarities. The first step for owners or members is to pick a name.
  • Articles of incorporation are filed, together with a fee paid to the state. After that, the articles of incorporation can be recorded and filed with the state.
  • These articles define each LLC member's rights, responsibilities, powers, liabilities, and other obligations.
  • The paperwork also include the names and addresses of the LLC's members, the name of the registered agent, and the company statement of purpose.

To learn more about LLC

Visit: brainly.com/question/14151441

#SPJ4

3 0
1 year ago
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