15 Million Transactions Are Made Per Year at a Total

question 45

Multiple Choice

15 million transactions are made per year at a total cost of $750 million.Calculate the cost per transaction.

• A)$5
• B)$50
• C)$500
• D)$5,000
• E)$50,000

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Definitions:

Theory of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and others, and to understand that others have beliefs, desires, and intentions that are different from one's own.

Transference

The process by which emotions, desires, or expectations are redirected and applied to a new object or person, often unconsciously and stemming from previous relationships.

Primacy Effect

The tendency to remember and give more weight to information that is encountered first in a series.

Recency Effect

The phenomenon where more recently presented information is better remembered and has a stronger influence on judgment than older information.