The Selling Price of a Widget Is $15 and the Fixed

question 18

Multiple Choice

The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the net income on sales of 850 units per month.

• A) $12,750
• B) $7,950
• C) $5,100
• D) $1,150
• E) $300

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Definitions:

Physiological Cues

Bodily signals that indicate internal states or responses to external stimuli.

Parenthood

The state or process of being a parent and the responsibilities associated with it.

Happiness

A state of well-being and contentment characterized by positive emotions and fulfillment.

Cannon-Bard Theory

A theory of emotion that suggests emotions and bodily reactions occur simultaneously, not sequentially.