I don’t understand this please explain it differently please
The fixed cost is $15000
<u>Explanation:</u>
Given:
Break even point = 3000 units
Each unit = $5 → (Price - variable cost = $5)
Fixed cost, x = ?
We know,
Break even point = fixed cost / (Price - Variable cost)
On substituting the values:

Thus, the fixed cost is $15000
<span>
<span>True.
Risk in investment can be defined as the possibility that the investor may
lose a big portion or all of the initial investment or make very high returns
in a short period. Risk which is often likened to volatility dictates that
the higher the volatility the higher the chances of returns. Speculative
investments such as leveraged ETFs(commodities such as gold, oil, silver),
options, venture capital trusts are considered high risk and often so offer
handsome returns or cost the investor all or even more of their initial
capital. It is however important to note that high risk does not
automatically translate into high returns. The intrinsic value of the
investment vehicle among other factors need to be considered in depth to
determine if the investment is worth the risk</span></span>
to ensure that job opportunities reach all corners of the country and check the living standards of the citizens
<span>The answer to the question is persuasive. A persuasive advertisement is one that can convince a consumer to switch from one brand to another, or to stay loyal to a brand. Firms use persuasive advertising as part of their marketing strategy to keep customers and to also attract new ones.</span>