A Small Business Produces a Single Product and Reports the Following

question 9

Multiple Choice

A small business produces a single product and reports the following data:
$$\begin{array} { | l | l | l | } \hline \text { Price } & \$ 10.59 & \text { per unit } \\\hline \text { Variable cost } & \$ 5 & \text { per unit } \\\hline \text { Fixed cost } & \$ 24,000 & \text { per month } \\\hline \text { Volume } & 13,000 & \text { per month } \\\hline\end{array}$$
If the company reduces its price to $7.75,it believes that the volume will go up to 15,000 units.
How would this change affect operating profit?

• A) It will go up by $48,670.
• B) It will go up by $31,420.
• C) It will go down by $48,670.
• D) It will go down by $31,420.

Understand the role of social support and its significance for mental and physical health.

Describe the Big Five personality traits and their relation to health and longevity.

Differentiate between optimistic and pessimistic explanatory styles and their impacts on health and psychological well-being.

Examine the effects of personality traits on immune system functioning and recovery from medical conditions.

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Definitions:

Nonverbal Behavior

Communication without words, which can include gestures, facial expressions, body language, tone of voice, and other physical cues.

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the current awareness of the individual.

Awareness

The state or ability to perceive, feel, or be conscious of events, objects, or sensory patterns.

Adaptors

Nonverbal behaviors that satisfy a personal need and help a person adapt or respond to the immediate situation.