Answer:
a.
Break even in units = 8750 units
b.
Break even in units = 10000 units
Explanation:
The break even in units is the number of units that a business must sell in order to for its total revenue to be equal to total costs and for it to break even. The break even in units is calculated as follows,
Break even in units = Fixed Costs / Contribution margin per unit
Where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
a. Past Year
Break even in units = 70000 / (40 - 32)
Break even in units = 8750 units
b. Coming Year
The property taxes which are a fixed cost will increase by $10000. Thus total fixed cost for coming year will be = 10000 + 70000 = 80000
Break even in units = 80000 / (40 - 32)
Break even in units = 10000 units
According to psychological egoism, all actions are driven by self-interest. In other words, it implies that everyone's behavior, actions, and decisions are driven by self-interest. Additionally, it implies that all decisions must be driven by personal gain.
According to psychological egoism, all actions are driven by self-interest. In other words, it implies that everyone's behavior, actions, and decisions are driven by self-interest. Additionally, it implies that all decisions must be driven by personal gain.
A second defense of psychological egoism contends that people always act selfishly because it makes them feel good. For instance, you might assist a turtle crossing a roadway because, if you didn't, you would be concerned for its safety while doing so.
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Answer:
D.....................................
Despite dramatic increases in trackage during the antebellum period, the u.s. was slow to develop an integrated railroad system. This was primarily due to the failure to adopt a standard gauge for the track.
The antebellum period is defined because of the time between the formation of the U.S. authorities and the outbreak of the Yankee Civil battle. for the duration of this period, federal and national governments grappled with the contradiction of U.S. slavery.
Within the history of the Southern united states of America, the Antebellum period spanned the quit of the warfare of 1812 to the start of the yank Civil conflict in 1861. The Antebellum South became characterized by means of using slavery and the lifestyle it fostered.
The technological advances and religious and social moves of the antebellum duration had a profound impact on the course of Yankee records, which includes westward expansion to the Pacific, a populace shift from farms to industrial centers, sectional divisions that led to civil war, the abolition of slavery.
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Answer:
Price floor binding
b. price ceiling binding
price floor and binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
The minimum price of milk is above equilibrium price. So, it is a binding price floor
The maximum price of milk is below equilibrium price. It is binding price ceiling
If teenagers can't find jobs due to minimum wages law. It means that the minimum wage must be above equilibrium price. This is because it is when price is above equilibrium price that supply of labour outstrips demand. So, it is a binding price floor
