Chris Is a University Student That Has a Summer Job

question 179

Multiple Choice

Chris is a university student that has a summer job where she works 40 hours a week making a particular kind of hockey stick.She usually can make 100 hockey sticks in two weeks.Her employer gave her the option of being paid $400 every two weeks for the 80 hours she worked,or being paid $400 for every 100 hockey sticks she made.Chris's pay options correspond to:

• A)a variable-interval schedule or a variable-ratio schedule.
• B)a fixed-interval schedule or a fixed-ratio schedule.
• C)a variable-ratio schedule or a fixed-interval schedule.
• D)a fixed-ratio schedule or a variable-interval schedule.

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Definitions:

Incremental Sales

The additional sales generated by a particular business activity or decision.

Operating Expenses

Expenses that are incurred during the normal operation of a business, excluding the cost of goods sold.

Capital Budgeting

The approach of orchestrating and administering a business's enduring investments towards major initiatives or assets.

Straight-Line Depreciation

A scheme for apportioning the cost of a concrete asset over its lifespan in steady yearly payments.