Moore Manufacturing Company Makes Two Products from a Common Input

question 41

Multiple Choice

Moore Manufacturing Company makes two products from a common input. Joint processing costs up to the split-off point total £23,400. The company allocates the joint costs to the products on the basis of their total sales values at split-off. The total sales value at split-off for both products is the same. Each product may be sold at the split-off point or processed further. Data concerning one of these products are as follows: $\begin{array}{lr}\text { Sales value at split-off } & £ 15,000 \\\text { Cost of further processing } & 10,000 \\\text { Sales value after further processing } & 30,000\end{array}$ What is the minimum amount the company would accept for this product if it is to be sold at the split-off point?

• A)£10,000
• B)£21,700
• C)£20,000
• D)£26,700

Identify the concept of generalization and its role in conditioned responses.

Understand the impacts of aversive stimuli and their use in conditioning.

Explain the law of effect and its relevance in understanding behavior.

Understand the concept of stimulus generalization and its application across different contexts.

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