Answer:
An increase in the unit (per pill) contribution margin.
Explanation:
Breakeven point is defined as the level of sales where total cost is equal to total revenue.
The formula is given as
Breakeven= Fixed cost ÷ (Sales revenue -Variable cost)
Note the Sales revenue less variable cost is the contributing margin.
Breakeven= Fixed cost ÷ Contributing margin
To reduce breakeven we must either reduce the numerator or increase the denominator.
In this case an increase in contributing margin will result in a decrease in breakeven amount of the company.
Answer: Inelastic
Explanation:
The coefficients in a log-log model represent the elasticity of your dependent variable with respect to your independent variable. In other words, the coefficient in a log-log demand model is the estimated percent change in
with respect to a percentage change in the independent variables like
,
, M,
, etc.
Thus, coefficient of
represents the elasticity of demand for good X with respect to Price of good x. So, Own-price elasticity of good x is 0.8.
Since this is less than 1 the good is relatively inelastic.
It is the Data Visualization. It is a general term that portrays any push to enable individuals to comprehend the noteworthiness of information by putting it in a visual setting. Examples, patterns and connections that may go undetected in content based information can be uncovered and perceived less demanding with information representation programming.
Answer:
145 Fahrenheit (62.8 Celsius)