Location Choice I Has Monthly Fixed Costs of $100,000 and Per-Unit

question 4

Multiple Choice

Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. What would its total cost be at a monthly volume of 550 units?

• A)$105,200
• B)$102,500
• C)$100,250
• D)$100,520
• E)$105,500

---

Definitions:

Self-Serving Bias

A cognitive bias where individuals attribute their successes to internal factors and their failures to external factors.

Fundamental Attribution Error

The cognitive bias that leads individuals to overemphasize personal traits and underestimate the influence of situational factors when explaining other people's behavior.

Halo Effect

The halo effect is a cognitive bias where an observer's overall impression of a person, company, or brand influences their feelings and thoughts about that entity's character or properties.

Distinctiveness

The quality or state of being easily distinguishable from others due to unique characteristics or features.