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Setler79 [48]
3 years ago
8

Longstreet inc. has fixed operating costs of $470,000, variable costs of $2.80 per unit produced, and its product sells for $4.0

0 per unit. what is the company's breakeven point, i.e., at what unit sales volume would income equal costs? 391,667 466,083 423,000 477,833 446,500
Business
1 answer:
vovangra [49]3 years ago
3 0
The answer is 391 667 
I think it is right so be sure to check just in case
good luck
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If the minimum wage is set above the equilibrium wage, then Group of answer choices more people will work than at the equilibriu
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Answer:

there will be fewer labor hours purchased by employers than at the equilibrium wage. none of the above

Explanation:

Equilibrium in economics means balance. Equilibrium wage rate refers to the market wage rate where the quantity of labor supplied matches the labor demanded. It is the wage rate that employers are willing to pay, and workers are ready to accept each hour of labor. The equilibrium wage represents the intersection of labor demand and supply curves.

If the wage is set above the equilibrium rate, it will force employers to pay more than they are willing. Employers will be paying more to workers than the value they are receiving. The hiring of many workers will be uneconomical. Employers will hire fewer workers to keep their costs down.

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3 years ago
Zahn Corp.'s comprehensive Balance Sheet at December 31, 2005 and 2004 reported accumulated depreciation balances of $800,000 an
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I hope this helps!

3 0
3 years ago
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Answer:

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Imports would increase if the US price level falls relative to other countries' pricing because imported items became cheaper.

Exports in the United States would decrease if the price of goods in the United States increases relative to other countries.

Because import would surpass export, net export which is export minus import would fall.

Learn more about the Effect of Relative Price Level on Exports and Imports here: brainly.com/question/14099857.

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