Calculate the Price Per Hour for a Service Business Based

question 5

Multiple Choice

Calculate the price per hour for a service business based on 75% profit with cost per hour of $30.

• A) $120
• B) $130
• C) $100
• D) $140
• E) $90

---

Definitions:

Personality Traits

Enduring characteristics and behaviors that define an individual's patterns of thought, feelings, and actions.

Factor-analytic Research

A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors.

Apprehension

The feeling of fear or anxiety about something that may happen.

Factor Analysis

A statistical approach for discovering the root variables, or factors, that are responsible for the observed correlation patterns among a set of variables.