A Division of Chapman Corporation Manufactures a Pager

question 162

Multiple Choice

A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $15,000, and the variable cost for producing x pagers/week is dollars. The company realizes a revenue of dollars from the sale of x pagers/week. What is the profit for the company if 2,000 units are produced and sold each week?

• A) $152,000
• B) $142,000
• C) $147,000
• D) $137,000
• E) $157,000

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Definitions:

Randomly

Occurring without a definite aim, reason, or pattern.

Post-conceptual

Referring to stages or processes that occur after the initial formulation of a concept or idea.

Sensorimotor

Relating to or involving both sensory and motor functions or pathways.

Concrete Operations

A stage in Piaget's theory of cognitive development (approximately age 7 to 11) where children gain the ability to think logically about concrete, physical objects and events.