At breakeven point, the cost is equal to the revenue. This also means that the net profit is equal to zero. If we let x be the number of units sold or produced, the total costs and revenue are calculated as follows:

Total Cost = 10x + 10,000
Total Revenue = 20x

Equation both,
10x + 10,000 = 20x
The value of x from the equation is 1000.

Answer: 1000

3 0

3 years ago

The consequences of free trade include both static and dynamic economic gains.

Sergio039 [100]

The answer is option "a-true".
According to the speculations or theories of Smith, Ricardo, and Heckscher-Ohlin, the consequences of free trade include both static and dynamic economic gains. It includes static economic gains because free trade supports a more elevated amount of local utilization and more proficient use of assets, and the reason dynamic economic gains are included in free trade consequences is that free trade stimulates monetary development and the formation of wealth.

7 0

3 years ago

Now, assume that each of the three students has graduated from college, maintained their credit score, secured a $50,000/year jo

frutty [35]

Question Completion:

Enter the following information into the FICO Score Range Calculator:

Car price = $21,000

Interest: Average rate (new)

Number of months = 60 months.

Answer:

Using the FICO Loan Savings Calculator, the car loan will cost Sam, Jessica, and Danielle each the sum of $27,054.95.

Explanation:

From the car loan calculator:

Monthly Pay: $421.42

Total Loan Amount $21,000.00

Sale Tax $1,470.00

Upfront Payment $1,770.00

Total of 60 Loan Payments $25,284.95

Total Loan Interest $4,284.95

Total Cost (price, interest, tax, fees) $27,054.95

From the FICO Calculator, their Credit Scores range from 660-689, and the average interest rate based on this FICO Score range is 7.562% for a 60-months car loan.

5 0

2 years ago