Wave-Zone Company Has 10,000 Units of Its Sole Product That

question 92

Multiple Choice

Wave-Zone Company has 10,000 units of its sole product that it produced last year at a cost of $50 each.This year's model is superior to last year's and the 10,000 units cannot be sold for their regular selling price of $75 each.Wave-Zone has two alternatives for these items: (1) they can be sold to a wholesaler for $5 each,or (2) they can be reworked at a total cost of $190,000 and then sold for $22.50 each.The company has enough idle capacity to rework these items without affecting any new production.Which choice would increase the company's profits the most?

• A) Reworking, because profit will increase by $35,000 more than scrapping.
• B) Scrapping, because profit will increase by $50,000 more than reworking.
• C) Reworking, because profit will increase by $15,000 more than scrapping.
• D) Scrapping, because profit will increase by $15,000 more than reworking.
• E) Reworking because profit will increase by $50,000 more than scrapping.

Understand self-determination theory and the effects of frustration of psychological needs.

Identify the components of an emotion and the role of emotional expression in psychological well-being.

Know the method and purpose of the Thematic Apperception Test (TAT) in assessing achievement motivation.

Grasp the basics of emotion theory, including the definition and dimensions of basic emotions.

---

Definitions:

Division of Labor

The allocation of different tasks to different people or groups in a society, contributing to economic efficiency and specialization.

Core Nations

Countries that dominate global trade and economics, often through technological advancement and wealth.

Peripheral Countries

Nations that are less developed than the semi-peripheral and core countries, often characterized by low levels of industrialization, and significant economic dependence on core countries.

World Systems Theory

A framework for understanding the historical and contemporary social structures of global inequality, delineating countries as core, periphery, or semi-periphery.