Refer to Scenario 9

question 191

Multiple Choice

Refer to Scenario 9.5 below to answer the question(s) that follow.
SCENARIO 9.5: Investors put up $520,000 to construct a building and purchase all equipment for a new restaurant. The investors expect to earn a minimum return of 10 percent on their investment. The restaurant is open 52 weeks per year and serves 900 meals per week. The fixed costs are spread over the 52 weeks (i.e. prorated weekly) . Included in the fixed costs is the 10% return to the investors and $1,000 per week in other fixed costs. Variable costs include $1,000 in weekly wages and $600 per week for materials, electricity, etc. The restaurant charges $3 on average per meal.
-Refer to Scenario 9.5. In the short run, if the restaurant shuts down, it ________ variable costs and ________ revenue.

• A) has; earns
• B) has; earns no
• C) has no; earns
• D) has no; earns no

Understand the common problems faced by individuals seeking psychotherapy.

Differentiate between the roles and expertise of clinical psychologists, counselling psychologists, and psychiatrists.

Recognize the educational requirements for different psychological professions.

Identify commonalities among various psychotherapeutic approaches.

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Definitions:

Concept of Self

An individual's perception of their own identity and personal characteristics, including their beliefs, qualities, and how they view themselves within the social world.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Social Referencing

The process where individuals look to others in their social environment for cues on how to react or behave in uncertain or ambiguous situations.

Parenting Style

The manner in which a parent raises their child, usually categorized into styles such as authoritative, authoritarian, permissive, and neglectful.