Answer:
The correct answer is C.
Explanation:
Giving the following information:
Free Spirit Industries Inc. is considering a project that will have fixed costs of $10,000,000. The product will be sold for $37.50 per unit and will incur a variable cost of $10.75 per unit. The firm will be able to sell only about 200,000 units.
Price= ?
We need to calculate the price using the break-even formula:
Break-even point= fixed costs/ contribution margin
200,000= 10,000,000/ (P - 10.75)
200,000P - 2,150,000 = 10,000,000
P= 12,150,000/200,000
P= $60.75 per unit
In order to get clarity on your money goals and have a powerful reminder to keep you on a track, you need to write down goals.
<h3>What is Financial goals ?</h3>
Financial plan is any estimation of money goals. One can have short-term and long-term goals. For example, saving $500 is a short-term goal, but investing for old age is a long-term financial goal. Your goals should make you focus and keep you on track.
- Have specified goals, For example increasing income is not a goal, increasing income by $500 is a goal.
- Make a deadline, Have a deadline for every single financial goal.
- Write them down, Just making a goal and remembering it in mind doesn't works.
- Divide them in parts, dividing goals in parts make them achievable.
Writing down goals helps to get clarity on your money goals and to keep you on a track. because having them in mind creates a blurred vision but writing them down makes them clear.
Hence writing down goals help having clarity on your money goals.
Learn more about money goals here:
brainly.com/question/11508361
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Answer:
To minimise cost, the firm should lay off worker and rent more computer as it give more output per dollar invested on it. This reduce the fixed cost of the company drastically and increase the production of the company. The marginal cost of production and marginal revenue are economic parameter, which help to determine the amount of output and price per unit of input that will maximise the profits. The point at which marginal revenue is equal to marginal cost maximise the profit.
Odell and Stephany are likely to give conflicting advice to policy makers.
<h3>What is an economic model?</h3>
These are the models that are used to describe reality based on the economic behaviors that have been tested.
The question here says that the both of them used different assumptions in the analysis that they did.
This may cause them to give conflicting advices because they would give the advices based on the assumptions that they have.
Read more on economic models here:
brainly.com/question/7967610
Answer:
I would say the monthly costs of renting and buying.
Explanation:
correct me if I am wrong, but logically thinking the costs of renting and buying a home can be a lot when added to your other expenses knowing that you have a budget and a income that is only but so much.