Chapter Two Is a Paperback Book Exchange Store

question 98

Multiple Choice

Chapter Two is a paperback book exchange store.For each book trade,the buyer pays a $1 trade fee.Books that are sold and not traded cost half of their original purchase price.The store has total assets of $126,000,current assets of $40,200,and liabilities totalling $160,900.Its net sales equalled $35,000,and its net profit after taxes was $9,000.Calculate the store's net profit margin.

• A) 7.1 percent
• B) 21.7 percent
• C) 22.4 percent
• D) 25.7 percent
• E) 27.7 percent

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Definitions:

Unconditioned Responses

Natural, automatic reactions to stimuli that occur without any prior learning or conditioning.

Deprivation

The state of being deprived of something necessary for one's well-being, such as food, shelter, or social contact.

Secondary Reinforcers

Stimuli that have no inherent value but become reinforcing through their association with primary reinforcers.

Stimulus Generalization

The tendency for stimuli similar to those used during learning to elicit a reaction similar to the learned response.