The three gorges dam is located in China
Answer:
Option B is true.
Explanation:
Giving the following information:
The break-even point in units formula is:
Break-even point= fixed costs/ contribution margin
What changes the break-even point:
A variation in fixed costs.
A variation on the selling price.
A variation in the unitary variable cost.
<u>The higher the fixed costs, the higher the number of units. Lower the contribution margin, the higher the number of units.</u>
Therefore:
a. An increase in contribution margin per unit causes the break-even point in units to increase. False, is the opposite.
b. An increase in fixed costs causes the break-even point to increase. True, now the organization needs to sell more units to cover the fixed costs.
c. The break-even point in sales dollars equals total fixed costs divided by contribution margin per unit. False, in dollars you need to divide it for the contribution margin ratio (contribution margin / selling price).
d. A decrease in the variable cost per unit causes the break-even point in units to increase. False, is the opposite.
Answer:
gaining their respect and trust establishing goals roles and requirements
Answer:
Consumers are basis for any economy to work out.It is the consumers for which the country works and makes sure to fulfil the demand of the market. New businesses come into existence because they create needs in the consumers and fulfil those needs. These businesses become a part of the economy and therefore give an input.
If there are no consumers, there will be o demands and the produces will have no needs or demands to fulfil which would lead to less production and therefore leading towards the fall of the economy.
Answer:
$20,000
Explanation:
Calculation for Sweet's economic profit
First step is to calculate the Explicit Costs
Using this formula
Explicit Costs = Rent on building +Payment of Salary to employees + Utilities + Goods bought
Let plug in the formula
Explicit Costs = ($30,000)+ ($40,000) + ($20,000) +($10,000)
Explicit Costs =$100,000
Last step is to calculate Sweet's economic profit
Using this formula
Economic profit = Total Revenue – (Explicit Costs + Implicit Costs)
Let plug in the morning
Economic profit = $135,000 - $100,000 - $15,000
Economic profit= $20,000
Therefore Sweet's economic profit will be $20,000
