Colin Was a Professional Classical Guitar Player Until His Motorcycle

question 55

Multiple Choice

Colin was a professional classical guitar player until his motorcycle accident that left him disabled. After long months of therapy, he hired an experienced luthier (maker of stringed instruments) and started a small shop to make and sell Spanish guitars. The guitars sell for $700 and the fixed monthly operating costs are as follows: $$\begin{array} { | l | r | } \hline \text { Rent and utilities } & \$ 1,210 \\\hline \text { Wages and benefits to luthier } & 2,500 \\\hline \text { Other expenses } & 480 \\\hline\end{array}$$ Colin's accountant told him about contribution margin ratios and he understood clearly that for every dollar of sales, $0.65 went to cover his fixed costs, and that anything past that point was pure profit.
Colin wishes to earn $4,000 of operating profit each month. Calculate the number of guitars Colin will have to sell to achieve the target profit.

• A) 39 guitars
• B) 33 guitars
• C) 15 guitars
• D) 18 guitars

Understand the symptoms and diagnostic criteria of various anxiety disorders, including PTSD, OCD, and GAD.

Comprehend the concept of survivor resiliency and how it differs from PTSD.

Recognize the factors contributing to the development of anxiety disorders, including genetic predispositions and environmental influences.

Understand the impact of conditioning and cognitive processes on the development and maintenance of anxiety disorders.

---

Definitions:

Intrinsic Motivation

Type of motivation in which a person performs an action because the act itself is rewarding or satisfying in some internal manner.

Cognitive Therapy

A form of psychotherapy that focuses on changing negative patterns of thought to improve emotional regulation and develop personal coping strategies targeting solving current problems.

Theoretical Background

The foundation of established principles and theories that underpin a particular area of study or research.

Key Concepts

Fundamental ideas or principles that form the foundation of a topic or discipline.