Slate Was a Professional Classical Guitar Player Until a Motorcycle

question 52

Multiple Choice

Slate was a professional classical guitar player until a motorcycle accident at left him disabled.After long months of therapy,he hired an experienced luthier and started a small shop to make and sell Spanish guitars.The guitars sell for $700 each,and the fixed monthly operating costs are as follows:

Slate's accountant told him about contribution margin ratios,and Slate understood clearly that for every dollar of sales,$0.60 went to cover his fixed costs,and anything above that point was profit.
Slate is planning to increase the sales price to $820.What impact will the increase in sales price have on the breakeven point in units? (Round your answer up to the nearest whole guitar. )

• A)It will stay the same.
• B)It will go down from 12 to 8 units.
• C)It will go up from 8 to 12 units.
• D)It will go down from 10 to 8 units.

Recognize the historical development and key researchers of path-goal theory.

Appreciate the motivational aspect of path-goal theory.

Grasp the conceptual foundation of path-goal theory including its components and the theory of motivation it uses.

Understand how path-goal theory compares and contrasts with other leadership theories.

---

Definitions:

Protects

To shield from danger, harm, or damage through preventative measures or actions.

Double Fertilization

In flowering plants, one sperm nucleus unites with the egg nucleus, and a second sperm nucleus unites with the polar nuclei of an embryo sac.

Polar Nuclei

Cells found within the ovule of flowering plants that fuse with one sperm cell to form the endosperm, providing nutrition to the developing embryo.

Angiosperm

Flowering land plant; the seeds are borne within a fruit.