Refer to Scenario 9

question 135

Multiple Choice

Refer to Scenario 9.3 below to answer the question(s) that follow.
SCENARIO 9.3: Investors put up $520,000 to construct a building and purchase all equipment for a new restaurant. The investors expect to earn a minimum return of 10 per cent on their investment. The restaurant is open 52 weeks per year and serves 900 meals per week. The fixed costs are spread over the 52 weeks (i.e. prorated weekly) . Included in the fixed costs is the 10% return to the investors and $1,000 per week in other fixed costs. Variable costs include $1,000 in weekly wages and $600 per week for materials, electricity, etc. The restaurant charges $5 on average per meal.
-Refer to Scenario 9.3. Total cost per week is

• A) $1,000.
• B) $1,600.
• C) $2,000.
• D) $3,600.

---

Definitions:

CS

Conditioned Stimulus; A previously neutral stimulus that, after being paired with an unconditioned stimulus, evokes a conditioned response.

UCS

Unconditioned Stimulus; in classical conditioning, a stimulus that unconditionally, naturally, and automatically triggers a response without prior learning.

CR

In classical conditioning, it stands for Conditioned Response, which is the learned reaction to a previously neutral stimulus.

Extinction

In behavioral psychology, the process through which a conditioned response decreases in frequency and eventually disappears.