Cheryl Is Considering Adding a Rack of Greeting Cards to Her

question 92

Multiple Choice

Cheryl is considering adding a rack of greeting cards to her product offerings at The Bitty Bookstore. Her fixed costs associated with adding the greeting cards would be $400. Variable costs per card are $1 each. The greeting cards will sell for $3 each. Helen's break-even point would occur at ________ cards sold.

• A) 150
• B) 200
• C) 300
• D) 450

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Definitions:

Classical Conditioning

The educational process of repeatedly pairing two stimuli; the reaction that initially starts with the second stimulus in time starts with the first stimulus exclusively.

Extinction

In psychology, extinction refers to the gradual weakening and eventual disappearance of a learned response when the reinforcement is no longer provided.

Operant Conditioning

A way of learning that involves changing the strength of a behavior using either supportive stimulants or corrective measures.

Shaping

A technique in operant conditioning that involves reinforcing behaviors that are increasingly closer to the desired behavior.