Answer:
$270,000
Explanation:
Contribution per kite = $6.50 - $3.50 = $3.00
Break even point = 90,000 kites
Since;
Break even point = Fixed cost / Contribution per kite.
We have:
90,000 = Fixed cost / $3.00
Fixed cost = 90,000 * $3.00 = $270,000
Therefore, Ocean City Kite Company's fixed costs is $270,000.
Answer:
I would choose B. But im not 100% sure.
Explanation:
Revenue per hour of labor
Answer: (B) There is incentive for buyers to undertake search activity
Explanation:
Setting price below equilibrium will create shortage.