A Monthly Real Estate Guide Is Published for $1

question 148

Short Answer

A monthly real estate guide is published for $1.40 per issue.It is sold to real estate agents for $1.25 each.The advertising revenue is 15% of the amount received for all guides sold beyond 2,000.Find the fewest number of real estate guides that must be sold to break even.

Understand the impact of observational learning and modeling on behavior.

Comprehend the significance of reinforcement schedules and their effects on learning and behavior modification.

Acknowledge the role of psychological variables such as locus of control and expectancy in predicting behavior.

Understand the processes of generalization, discrimination, and second-order conditioning in expanding learning beyond initial situations.

---

Definitions:

Successes

Achievements or instances of achieving desired goals or outcomes.

Failures

Instances where an objective or goal is not achieved, often leading to disappointment or the need for reassessment.

Proximity

In psychology, the physical or psychological closeness between people, which can influence attraction and the formation of relationships.

Condo

A type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.