<span>consume; recession; less; increase; The existing job helped him survive through new job search and avoid the recession effect on him and livelihood. This also has down side as he might be far from getting the new job as he would less motivated because of the existing job. This lack of motivation might waste his time in the job search.</span>
Answer:
c) Having money left over after meeting your expenses
Explanation:
Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.
From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.
Answer: (B) Location economies
Explanation:
According to the question, the gear-one autos inc. basically acquire the benefits of the location economies. The location economies is effective strategy in the economics used in an organization for determining the location.
The main aim of the location economics is that it producing the identical products by using the consistent strategy. The location economics helps the organization in the latest development.
Therefore, Option (B) is correct.
Answer:
break even point in units = 2,667
break even point in $ = $33,338
Explanation:
The break even point marks the point where a company is able to cover all its expenses. At this point the company is not losing money, but it is not making a profit either.
break even point in units = total fixed costs / contribution margin
- total fixed costs = $10,000
- contribution margin = $12.50 - ($4 + $4.75) = $12.50 - $8.75 = $3.75
break even point in units = $10,000 / $3.75 = 2,666.67 ≈ 2,667 units
break even point in $ = 2,667 units x $12.50 per unit = $33,337.50 ≈ $33,338
