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Tom Works Two Part-Time Jobs While Going to School

question 65

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Tom works two part-time jobs while going to school. He works at a clothing store because he is allowed a 30 percent discount on his clothes purchases and a cellular phone store that allows him a 50 percent discount on his cell phone service. During the year, he purchases clothes valued at $1,000 for $700. The store marks up its clothing 100 percent. He pays $240 ($20 per month) for his discounted cell phone service. How much income in addition to his salaries must he report for these fringe benefits?

Recognize the role of sensation seeking in personality and its impact on behavior and relationships.
Identify and describe various behavior patterns, including fixed and unlearned behaviors across species.
Comprehend the arousal motive and its influence on human actions and decision-making.
Explain the drive-reduction theory of motivation and how it relates to human needs and behaviors.

Definitions:

AutoShift Transmission

An automated manual transmission that combines manual gear selection with automatic control of the clutch, allowing for semi-automatic or fully automatic driving without a traditional clutch pedal.

Inertia Brake

A braking system that utilizes the inertia of a moving vehicle to activate the brake without manual application, often found in trailers.

Vehicle Battery Bank

A group of batteries connected together in a vehicle to supply electrical power, especially in electric and hybrid vehicles.

Transmission ECU

The electronic control unit responsible for managing an automobile's transmission system operations.

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