Calculate the Percent Gross Profit for a Company If the Sales

question 55

Multiple Choice

Calculate the percent gross profit for a company if the sales revenue generated is $200 million,and the firm sells 60 products that cost $2 million each to produce.

• A)20%
• B)40%
• C)50%
• D)60%
• E)80%

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Definitions:

Classical Conditioning

Learning occurs through consistently pairing two stimuli together; a reaction first stimulated by the second stimulus eventually is stimulated by only the first stimulus.

Instinctive Behavior

Actions or reactions that are performed without conscious thought, driven by genetic programming.

Involuntary Behavior

Actions that occur without conscious control, often reflexive or automatic in nature.

Conditioned Stimulus

In classical conditioning, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.