Instincts Are Thought To

question 189

Multiple Choice

Instincts are thought to:

• A) exist within the individual.
• B) explain why people act differently in the same situation.
• C) explain what an individual does but not why.
• D) be caused by conditions outside the organism that push it into action.

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Definitions:

Target Profit

The anticipated profit figure set by a business for a given period, often guiding pricing and production decisions.

Monthly Fixed Expense

Expenses that do not vary with production volume or business activity level, incurred on a monthly basis.

CM Ratio

Contribution margin ratio, showing the portion of sales revenue that is not consumed by variable costs and contributes to covering fixed costs.

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance premiums.