Answer:
29,867 units
Explanation:
Variable cost per unit (VC) = $75.00
Sales price (P) = 1.50 * VC = $112.50
Fixed costs (FC) = $1,120,000
Units sold (n) = ?
EBIT is given by:

Therefore, the number of units sold required to break even is:

Round up the value obtained to the next whole unit and the sales volume needed is 29,867 units.
Answer:
decrease and demand curve will shift to the left.
Explanation:
When new firms enter a monopolistically competitive market, the economic profits of existing firms will decrease. This is because, new firms enter an existing market if they spot a profit opportunity . The entry of these new firms will therefore increase the quantity of products or services supplied in the market which gives consumers more choices and substitutes. As a result, the demand curve of the existing firms will also shift to the left. because their
Any material purchased will be recorded in the Raw material inventory account. The option for the first blank is raw and second blank is material.
<h3>
What is Inventory Account?</h3>
Inventory Account refers to the account which records all the transactions related to the stock. It records the purchased of the stocks, work in progress, closing stock, opening stock etc.
The complete question is attached below.
The raw material inventory account is where all materials that will be used to create the final product are first registered.
Learn more about raw material here:
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Answer:
the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.
Answer:
Lucky event
Explanation:
In the investments market a true measure of market efficiency is to get a track record of positive outcome from investors over time.
The lucky event problem occurs when an investor makes a profit on investment not because of how efficient a market is or by a logical procedure, but rather by chance.
In the given scenario Keyes put all his money in one stock that doubled in 3 months.
However this was not replicated among other investors who made similar vets on other stocks and lost.
This is an exams of lucky event problem in determining market efficiency.