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Alekssandra [29.7K]
2 years ago
12

_________________ is the method used to determine the number of units a firm must sell at a specific price to cover all costs.

Business
1 answer:
user100 [1]2 years ago
6 0
The correct answer for the question that is being presented above is this one: "Breakeven analysis."Breakeven analysis is the method used to determine the number of units a firm must sell at a specific price to cover all costs. It also refers to method that is <span>used to determine when your business will be able to cover all its expenses and begin to make a profit. </span>
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Even when competitive firms are unable to calculate marginal revenue product directly, ______________________________ will push
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Answer:

Even when competitive firms are unable to calculate marginal revenue product directly, <u>competition in the labor market</u> will push wage rates toward the marginal revenue product of labor.

Explanation:

The labor market is made up of employers seeking for labor and employees offering their labor services. The law of supply and demand also applies to this market, when more employers are seeking employees, the price (= salary) will increase.

For example, if many companies are making a  profit and they need more labor, the salaries will rise because the demand is rising.

Also the suppliers, the potential employees, compete against each other for the best possible jobs.

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3 years ago
Break-Even for a Service Firm Jonah Graham owns and operates The Green Thumb Company (GTC), which provides live plants and flowe
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Answer:

The company should provide, in average, 90 jobs per month in order to break even.

Explanation:

We will assume that the variable costs are proportional to the quantity and thus VC=a*Q

the profit obtained is

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and the total costs are

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in order to break even the quantity sold should be enough to cover all costs, therefore

profit = total costs

P*Q = FC + a*Q → Q= FC/(P-a)

thus

Q= FC/(P-a) = $3240 / ($60/job - $24/job) = 90 jobs

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2 years ago
Khái niệm sản phẩm dịch vụ ngành Tài chính – ngân hàng
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3 years ago
​Gulfcoast, Inc. purchased a van on January​ 1, 2019, for $ 900 comma 000. Estimated life of the van was five​ years, and its es
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Answer:

$740,200

Explanation:

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Mathematically,  

Depreciation = (Cost - Salvage value)/Estimated useful life

Depreciation = (900,000 - 101,000)/5

= $159,800

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3 years ago
What major financial problem does a person face when trying to cash a paycheck without a bank account?
Svetllana [295]

Answer:

D) Paying a fee at another financial institution to cash the check. thats the answer

Explanation:

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3 years ago
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