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Sergeeva-Olga [200]
2 years ago
8

Rice company has a unit selling price of $520, variable costs per unit of $286, and fixed costs of $163,800. compute the break-e

ven point in units using (a) the mathematical equation and (b) unit contribution margin
Business
1 answer:
larisa [96]2 years ago
5 0
Selling price = p = 520
variable cost per unit = vc = 286
fixed cost = fc = 163,800.
unit sold = x

520 * x = 286 * x + 163,800
520x = 286x + 163,8000
520x - 286x = 163,800
234x = 163,800

x = 163,800 / 234 = 700 units to reach break even point.
unit contribution margin = p - vc = 520 - 286 = 234 per unit.

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Which market is most likely to be characterized by oligopolistic competition in the united states?
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<h3>What is an oligopolistic competition ?</h3>

An oligopoly is when there are few large firms operating in an industry. This is because there are high barriers to the entry and exit of firms into the industry.  The  smartphone service provider industry is dominated by  five industries due to the high cost and regulations in the industry.

Here are the options to the question:

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To learn more about oligopolies, please check: brainly.com/question/26130879

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3 0
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Answer:

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