Use the Following Information for Questions

question 42

Multiple Choice

Use the following information for questions.
A product and service are bundled together and sold to customers for $450.The fair values of the product and service are $350 and $150 respectively.
-Under the relative fair value method, how much would be allocated to the product?

• A)$150.00
• B)$388.89
• C)$350.00
• D)$300.00

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Definitions:

Discrimination Training

A process in learning where an individual is trained to respond differently to distinct stimuli based on their attributes or consequences.

Generalization

Responding in the same manner to similar stimuli.

Conditioned Stimulus

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

Parietal Lobe

A region of the brain associated with processing sensory information and spatial orientation.