Refer to Scenario 9

question 314

Multiple Choice

Refer to Scenario 9.7 below to answer the question(s) that follow.
SCENARIO 9.7: Julio borrowed $80,000 from his great aunt to open a coffee stand at a local flea market. He agrees to pay his great aunt a 5% yearly return on the money she lent him. His other yearly fixed costs equal $16,000. His variable costs equal $60,000. He sold 50,000 cups of coffee during the year at a price of $3.00 per cup.
-Refer to Scenario 9.7. Julio's total fixed costs equal

Definitions:

Cognitive Competence

The ability to think logically, make decisions, solve problems, and adapt to new situations.

Social Referencing

The process of reading emotional cues in others to help determine how to act in a particular situation, often observed in infants looking to caregivers.

Discriminate Faces

The ability to differentiate and recognize individual human faces.

Parental Technique

Strategies and methods used by parents in raising their children, focusing on discipline, communication, and nurturing.