The Tolar Company Has 400 Obsolete Desk Calculators That Are

question 120

Multiple Choice

The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.
-Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition?

• A) $8
• B) $30
• C) $53
• D) $67

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Definitions:

Placebo Effect

A phenomenon where a patient experiences a perceived improvement in condition due to the belief in the efficacy of a treatment, despite the treatment having no therapeutic effect.

Response Set

A tendency of some respondents to answer survey questions in a particular way, regardless of the content.

Representative Sample

A subset of a population that accurately reflects the members of the entire population.

Young Adults

Individuals in their late teens to early thirties, often considered to be in a transitional phase from adolescence to adulthood, facing unique developmental tasks and challenges.