Consider the Following Decision Option Data What Is the Best Choice?
A)Option #1
B)Option #2
C)Option

question 8

Multiple Choice

Consider the following decision option data: $\begin{array}{lll}&\text { Option \#1 } & \text { Option \#2 } \\\text { Number of units } & 150 & 200 \\\text { Revenue per unit } & \$ 25 & \$ 25 \\\text { Cost per unit } & \$ 12 & \$ 12 \\\text { Lost Revenue from choosing option } & \{\$ 500\} & \{\$ 4,000\} \\\text { Cost saving from choosing option } & \$ 0 & \$ 1,000 \\\text { Avo idable Fixed Cost } & \$ 0 & \$ 0\end{array}$ What is the best choice?

• A)Option #1
• B)Option #2
• C)Option #1 and Options #2 are equally good choices.
• D)Neither Option #1 nor Option #2 should be chosen

Identify different types of attribution styles, including internal, external, stable, and unstable.

Recognize the impact of emotions on attributions according to Schachter's theory.

Understand the role of attributions in close relationships and their dynamics.

Comprehend the implications of possessing certain attributional styles, such as fatalism or a depressive attributional style.

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Definitions:

Variable Cost

Charges that fluctuate based on the quantity of output or level of sales.

Fixed Cost

Costs that remain unchanged regardless of the level of production or sales activity, such as rent, salaries, and insurance premiums.

Relevant Range

The span of activity or volume over which the assumptions about fixed and variable cost behaviors hold true for a specific business.

Fixed Cost

Costs that remain constant and do not vary with the level of business activity, including expenses like rent, salaries, and insurance.