Gabriel Metalworks Produces a Special Kind of Metal Ingots Which

question 24

Multiple Choice

Gabriel Metalworks produces a special kind of metal ingots which are unique,and it allows Gabriel to follow a cost-plus pricing strategy.Gabriel has $10,000,000 of assets and shareholders expect approximately 9% return on assets.Additional data are as follows: Using the cost-plus pricing approach,what should be the price per unit?

• A)$19
• B)$20
• C)$21
• D)$22

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Definitions:

Reinforcement

In behavioral psychology, a consequence applied to an organism's environment that increases the likelihood of that organism repeating the associated behavior in the future.

Shaping Behavior

A method of positive reinforcement of behaviors that are successively closer to the desired behavior, used in behavior modification programs.

Positive Reinforcers

Stimuli that, when introduced following a behavior, increase the likelihood of that behavior being repeated in the future.

Psychologists

Professionals specialized in the study of the mind and behavior, working in various fields such as clinical, counseling, educational, and research settings.