If fixed costs are $150,000, price per unit is $10, and variable cost per unit is $4, the break-even
point is 15,000 units.
Indicate whether the statement is true or false
FALSE
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Answer the following statements true (T) or false (F)
1. Order effects research indicates that the sequence in which information is presented can influence subsequent judgments based on that information. 2. The ease of recalling information, but not the difficulty, affects how well people remember the information. 3. Managers may have multiple perceptual biases operating at the same time. 4. It is impossible to improve decision-making by training.
In a case in the text, the Court of Appeals held that it is a commonly known fact that bees can
sting a human, thus the court ruled that the defendant was not guilty of negligence for his failure to warn a worker of the dangers of working with bees Indicate whether the statement is true or false
Individual difference characteristics affect a person's behavior most when
a. situation provides clear guidelines b. the situation is loosely structured c. the person is strong-willed d. the person is flexible
Sarina goes to Marlin's Department Store to look for clothes. The store happens to be in the process of remodeling, and there is a lot of clutter in the aisle. Sarina trips over the clutter and is injured. Under the Second Restatement, Sarina's status with regard to the store is that of:
a. licensee. b. business visitor. c. public invitee. d. trespasser.