Use the Information Below to Answer the Following Question(s)

question 33

Multiple Choice

Use the information below to answer the following question(s) :
Accessibility Products Company has three models: D, E, and F. The following information is available:

Accessibility Products Company is thinking of dropping model F because it is reporting an operating loss. All fixed expenses are unavoidable.
-Assuming Accessibility Products Company drops model F and does not replace it, what affect will this have on operating income?

• A) Decrease $1,000
• B) Increase $1,000
• C) Increase $15,000
• D) Decrease $15,000

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Definitions:

Egocentrism

The inability to differentiate between one's own perspective and someone else's perspective, often seen in early childhood development.

Conservation

In environmental science, it is the preservation and careful management of the environment and natural resources.

Concrete Operational

A stage in Piaget's theory of cognitive development, occurring roughly from ages 7 to 12, characterized by the development of logical thought about concrete objects but not yet abstract concepts.

Theory Of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and others.