If the Unit Cost of Output for a Car Is

question 145

Multiple Choice

If the unit cost of output for a car is $8000 and the price is $10,000,what is the firms' markup over cost?

• A) 125.0 percent
• B) 25.0 percent
• C) 80.0 percent
• D) 11.1 percent
• E) 20.0 percent.

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Definitions:

Gradual Association

The process of forming connections or associations between stimuli or ideas over time, often leading to learned behaviors or understandings.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reward or punishment.

Reciprocal Inhibition

A neurological process where the activation of one muscle group leads to the automatic inhibition of its antagonist muscle group, facilitating movement.

Aversive Conditioning

A form of conditioning that uses an unpleasant stimulus to stop or avoid an undesirable behavior.