Floyd's Barbershop Has Fixed Costs of $3,000 Per Month

question 75

Multiple Choice

Floyd's Barbershop has fixed costs of $3,000 per month. Floyd regularly performs 400 haircuts a month and he does not anticipate this to change. Each haircut has a variable cost of $4.00. If Floyd would like to earn a target profit of $2,000, what does he need to charge for each haircut?

• A) $12.50
• B) $16.50
• C) $11.50
• D) $8.50

Analyze the concept of self-schema and its importance as a cognitive representation of the self.

Learn about the mechanisms of self-compassion and mindfulness and their impact on personal well-being.

Understand the effects of the self-serving bias and sociometer theory on self-esteem and interpersonal relationships.

Appreciate the complexity of self in terms of moral, social, and material dimensions.

---

Definitions:

Suicide Attempt

An act of self-harm with the intention to end one's life, which does not result in death.

Giving Away Possessions

An act often associated with preparation for life changes or mental health issues where individuals distribute personal items to others without an expectation of return.

Serotonin Deficiency

A condition where the body has lower levels of serotonin than normal, which can affect mood, appetite, and sleep.

Brain's Biochemical Function

Describes the complex processes by which chemicals in the brain, such as neurotransmitters, affect its operation and health.