Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
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B) voice because in the democracy it is for the people so the people's voice are heard
Answer: $150
Explanation:
Breakeven point in units sold = 2,000
Variable expenses per unit = 500
Total fixed expenses = $150,000
The break even in units is calculated as:
= Fixed Cost / Contribution per Unit
Therefore,
1000 = 150000/ Contribution per unit
Contribution per Unit will now be:
= 150000 / 1000
= 150
It should be noted that after the break even point, every unit sold will lead to an increase in the contribution per unit to the net operating income. Therefore, the amount that'll be contributed to net operating income by the 2,001st unit sold is $150.
A key distinction between the Keynesian and neoclassical economists is that Keynesians believe the economy exhibits a <u>flat</u> aggregate supply curve and neoclassicals believe it is <u>vertical</u>.
<h3>Who is John Maynard Keynes?</h3>
John Maynard Keynes was a famous British economist during the Great Depression and he was born on the 5th of June 1883. During the Great Depression, John Maynard Keynes advocated and promoted expansionary actions to encourage economic recovery.
<h3>What is a supply curve?</h3>
A supply curve can be defined as a type of chart that is used to graphically represent the total quantity of goods or services that are supplied to consumers at a given price.
Generally, a key distinction between the Keynesian and neoclassical economists is that Keynesian economists have a believe that the economy exhibits a <u>flat</u> aggregate supply curve while neoclassical economists believe it is <u>vertical</u>.
Read more on supply curve here: brainly.com/question/16447785
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