If Fixed Costs Are $500,000 and Variable Costs Are 60

question 181

True/False

If fixed costs are $500,000 and variable costs are 60% of break-even sales, profit is zero when sales revenue is $930,000.

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Definitions:

Classical Conditioning

An acquisition of knowledge approach where two stimuli are regularly coupled; a behavior that at the outset is triggered by the second stimulus becomes, over time, elicited by the first stimulus alone.

Blocking

A learning phenomenon where an already established association to a stimulus inhibits the formation of an association to a new stimulus.

Classical Conditioning

An educational method where an association is made between a stimulus found in the environment and a stimulus that occurs naturally.

Strong Phobia

An intense, irrational fear of a specific object, scenario, or activity that leads to significant anxiety and avoidance behavior.