A Grocery Store Manager Must Decide Whether to Buy a Rug

question 162

Multiple Choice

A grocery store manager must decide whether to buy a rug cleaner to rent to customers.The cleaner costs $800.It is expected to yield $200 in income per year.What is the expected annual rate of return from the cleaner?

• A)$600
• B)$200
• C)400 percent
• D)75 percent
• E)25 percent

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Definitions:

Albert Bandura

A prominent psychologist who introduced the social learning theory, emphasizing the role of observational learning, imitation, and modeling in behavior.

Inborn Reflex Behaviors

Natural reflex actions babies are born with, like sucking and grasping, which serve important survival functions.

Modeling Experiments

The process of creating simulations or representations of real-world processes to test hypotheses or understand systems.

Sufficient Reinforcement

The adequate or required amount of encouragement or reward necessary to achieve desired behavior.