The Selling Price of a Widget Is $15 and the Fixed

question 33

Multiple Choice

The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the net income on revenue of $10,000 per month.

• A) $4,000
• B) $5,200
• C) $1,200
• D) ($800) Loss
• E) ($1,200) Loss

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Definitions:

Stereotyped Ways

Fixed, generalized beliefs and attitudes about specific groups, often based on oversimplified assumptions.

Violence

Physical force exerted for the purpose of causing damage or injury to people or property.

Simplified Ways

Simplified Ways imply approaches or methods that break down complex information or tasks into more understandable and manageable forms.

Chronically Accessible Schema

Mental structures that are frequently activated and easily brought to mind, influencing perceptions and behaviors in various contexts.