Ortiz Company Is a Price-Taker and Uses Target Pricing

question 125

Multiple Choice

Ortiz Company is a price-taker and uses target pricing.Refer to the following information:

With the current cost structure,Ortiz cannot achieve its profit goals.It will have to reduce either the fixed costs or the variable costs.Assuming that fixed costs cannot be reduced,what are the target variable costs per year? Assume all units produced are sold.

• A)$10,515,000
• B)$10,800,000
• C)$5,400,000
• D)$15,915,000

Understand the basic structure and function of chromosomes and genes.

Comprehend the genetic mechanisms behind sex determination.

Grasp the concept of genetic variations and their implications.

Learn about the role of genetics in human characteristics and diseases.

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Definitions:

Secondary Reinforcement

A process where a stimulus reinforces a behavior after it has been associated with a primary reinforcer.

Shaping

A method of teaching new behaviors by rewarding closer and closer approximations of the desired behavior.

Gradual Approximations

A method in behaviorism where complex behaviors are broken down into simpler, achievable steps for learning purposes.

Complex Response

An intricate or multifaceted reaction to stimuli, often involving multiple cognitive and emotional processes.