An Apple IPod Sells for $299, Which Is Marked Up

question 52

Multiple Choice

An Apple iPod sells for $299, which is marked up 40% of the selling price. The cost of the iPod is:

• A)$197.40
• B)$179.40
• C)$149.70
• D)$194.70
• E)None of these

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Definitions:

Projective Test

A type of personality assessment instrument in which respondents project their own underlying motivations, beliefs, or feelings onto ambiguous stimuli.

Situational Variables

External factors that can influence the outcome of experimental research, including the environment in which subjects perform tasks.

Humanistic

A psychological approach that emphasizes individual potential for growth and stresses the importance of self-actualization and personal fulfillment.

Psychodynamic

The psychodynamic approach in psychology emphasizes systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.