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Katena32 [7]
4 years ago
12

Who is commonly attributed for discovering the law of effect

Business
2 answers:
WARRIOR [948]4 years ago
7 0

Answer:

Edward L. Thorndike

Explanation:

He was an American psychologist whose work on animal behaviour and the learning process led to the theory of connectionism, which states that behavioral responses to specific stimuli are established through a process of trial and error that affects neural connections between the stimuli and the most satisfying responses

Korolek [52]4 years ago
7 0

Answer:

Edward Thorndike.

Explanation:

Law of effect is a principle of psychology that states that responses that produce a satisfying effect in a particular situation is likely to occur again in that situation , while the one that produced a discomforting effect is less likely to happen again.

This was proposed by Edward Thorndike in 1898 to address behavioral conditioning. He was an American psychologist famous for his work on comparative psychology and the learning process that brought about the theory of connection ism .

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Market economy is the economic system which private businesses can operate freely with minimal state control
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3 years ago
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What economic theory would be most likely to make a person oppose taxing imports?
aleksklad [387]

The economic theory most likely to make a person oppose taxing imports is "<u>Laissez-faire"</u>

"Laissez-faire" is an economic theory that opposes the government's involvement in economic affairs.

Imposing a tax on imports can have implications for local businesses.

Thus, this theory gained popularity in the USA in the 18th century opposing the government's intervention in economic affairs.

It's a French phrase that means "Let us do," because people believed that imports and exports should be managed by states and not the central government.

Scholars believed that economies go down when governments start imposing taxes on imports.

If you need to learn more about Laissez-faire, click here:

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2 years ago
A firm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. Because interest is tax deductible, t
gayaneshka [121]

Answer:

The blank spaces are not easy to spot here but I found a similar question with their correct locations. The answers for each blank will be as follows respectively;

new; new ; after-tax cost of debt ; after-tax cost of debt ; after-tax cashflows; new debt; not outstanding debt ; irrelevant ;new capital; yield to maturity; coupon rate; yield to maturity; long term debt ; long-term projects.

Explanation:

The cost of new debt is the before-tax cost of debt and does not reflect the cost of outstanding debt. Interest paid on the new debt is tax-deductible and that's why you calculate the after-tax cost of debt to use in the firms WACC formula. Since the main goal of a business managers is to increase a firm value, you use the after tax cashflows to valuate the business. Additionally, the cost at which the firm borrowed in the past is irrelevant in WACC calculation because the cost we need to know is of the new capital.

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Suppose Ike’s Bikes is currently producing 100 bikes per month in its only factory. Its short-run average total cost is
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The short-run average total cost of Ike's Bikes of producing 100 bikes is $360.

<h3>What is the short-run average total cost ?</h3>

The short-run is a production period where some of the factors used in the production process are fixed and others are variable. The  short-run average total cost is the total cost divided by total output. Total cost is the sum of fixed cost and variable cost.

Please find attached the complete question. To learn more about average cost, please check: brainly.com/question/26959638

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Which of the following fees would likely be the highest? A. Overdraft fee B. Account transfer fee C. Monthly service fee D. ATM
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The answer to this question is: overdraft fee
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