Your Forecast Shows $500,000 Annually in Sales for Each of the Next

question 25

Multiple Choice

Your forecast shows $500,000 annually in sales for each of the next three years.If your second and third year predictions have failed to incorporate 2.5% expected annual inflation, how far off in total dollars is your three-year forecast?

• A)$37,813
• B)$50,000
• C)$52,550
• D)$76,250

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus through conditioning.

Unconditioned Response

This is an automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.

Sneezing

An involuntary burst of air through the nose and mouth, usually caused by irritation of the nasal mucosa.

Temper Tantrum

An emotional outburst, typically characterized by stubbornness, crying, screaming, defiance, or anger, mostly observed in children.