You Own a Factory That Produces Above Ground Pool Frames

question 154

Short Answer

You own a factory that produces above ground pool frames.Here are your numbers for this year: fixed costs: $100,000;variable costs: $10 per pool frame (no matter what output is);output: 5,000;total revenue: $100,000.You had decided to go out of business when a nationwide pool retailer offered you a contract to produce a large number of pool frames.How many frames would you need to sell them to stay in business?

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Definitions:

Respondent Behavior

behavior that occurs as a direct response to a specific stimulus, often without conscious decision, in classical conditioning.

Superstitious Behavior

Actions based on irrational beliefs that certain actions or events can influence outcomes in a way not justified by reason or science.

Functional Relationships

Relationships based on practical or beneficial interactions between entities, often analyzed in psychology and sociology for understanding dynamics.

Token Economy

A behavior modification system that uses tokens as a form of reinforcement for desired behaviors, which can be exchanged for rewards.