Contribution for Standard is $30 per unit and Supreme is $60 per unit, Thus if Fixed expenses are first divided between the two products on the basis of Contribution per unit, It can be calculated as below:
Fixed Expense Bifurcated on basis of Contribution per unit= 30:60
Which Comes to 1:2
Thus it will be bifurcated as $1200000 for Supreme and $600000 for Standard
Thus for Standard to break even it Requires to Sell the below no of units:
Break Even Point in units=
Break Even Point in units=
Break even points in units=20000 units
Marketers must weigh carefully the costs of additional information against the benefit resulting from it.
What are marketers?
A marketer is a person who advertises an organization's products and services. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with consumer demands and market demands.
Therefore,
Marketers must weigh carefully the costs of additional information against the benefit resulting from it.
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If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely decrease.
<h3><u>
What is supply?</u></h3>
- A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers.
- When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
- This is strongly related to the demand for an item or service at a particular price; all other things being equal, the supply offered by producers will increase if the price rises because all businesses aim to maximize profits.
Trends in supply and demand are what underpin the modern economy. Based on price, utility, and personal choice, any particular commodity or service will have its own unique supply and demand patterns.
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The steps in the planning process of an organization include:
- A. Formulating strategies to achieve the goals.
- B. Determining the organization's mission and goals.
- D. Selecting the most effective way to implement the organizational strategy.
<h3>What is planning?</h3>
Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.
Planning usually takes place at three levels of the organization, including:
- Functional
- Business
- Corporate levels.
Thus, the steps in the planning process of an organization include Options A, B, and D.
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Answer: Production and consumption occur simultaneously
Explanation:
Services are intangible quantities that possess value and can be traded, services cannot be stored therefore it most times is produced and consumed at the same time.
