M and M,Inc

question 62

Multiple Choice

M and M,Inc.produces a product that has a variable cost of $3.00 per unit.The company's fixed costs are $30,000.The product is sold for $5.00 per unit and the company desires to earn a target profit of $20,000.What is the amount of sales that will be necessary to earn the desired profit?

• A) $75,000
• B) $50,000
• C) $83,333
• D) $125,000

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Definitions:

Spontaneous Recovery

The reappearance of a learned response after its apparent extinction, often occurring suddenly in response to the original conditioning stimulus.

Secondary Reinforcement

A process in which a stimulus reinforces behavior after it has been associated with a primary reinforcer, often through social or conditioned means.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, gender, or disability.

Spontaneous Recovery

The unexpected return of a learned behavior after its apparent extinction, highlighting the persistence of memory traces.