The Following Data Pertain to Activity and Utilities Costs for Two

question 92

Multiple Choice

The following data pertain to activity and utilities costs for two recent years:
$\begin{array}{|l|r|r|}\hline & \text { Year 2 } & \text { Year 1 } \\\hline \text { Activity Level in Units } & 12,000 & 8,000 \\\hline \text { Utilities Cost } & \$ 15,000 & \$ 12,000 \\\hline\end{array}$
Using the high-low method,what is the variable cost per unit for utilities?

• A) $1.25 per unit.
• B) $1.50 per unit.
• C) $1.33 per unit.
• D) $0.75 per unit.

Understand the concepts of heritability, reaction range, and environmental factors in the development of traits.

Identify the genetic and environmental contributions to psychological disorders and behaviors.

Comprehend the importance of twin and adoption studies in understanding heritability.

Recognize the significance of natural selection and genetic variation in evolution.

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Definitions:

Bonds

Financial instruments representing loans made by an investor to a borrower, typically corporate or governmental, which are expected to be paid back with interest.

Sharpe Measure

An indicator of the performance of an investment compared to a risk-free asset, adjusted for its risk, calculated as the difference in returns divided by the standard deviation of the investment.

Reward

Typically refers to the potential gains or returns derived from an investment or action, balanced against the risk involved.

Volatility

The degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns.