Answer:
2 contracts
Step-by-step explanation:
Break even point refers to the number of units or sales that needs to be generated for the company to make neither a profit nor a loss.
This means that at the break even point, sales is equivalent to the cost incurred (both fixed and variable).
Let the number of contracts that must be signed to break even be s
The rent is a fixed cost while the cost associated with each contract is variable.
5687.1s = 7000 + 1260.7s
5687.1s - 1260.7s = 7000
4426.4
s = 7000
s = 1.58
≈ 2
She must facilitate 2 contracts each month to break even.
Answer:
The bottom answer
Step-by-step explanation:
The parameter of the study's population is the 80% of all customers who shopped in the chain's stores that were interested in the home delivery service.
Population parameter is defined as any summary number that describes the entire population. It can be an average or a percentage/
The 1,000 customers that were surveyed are the sample of the population. They basically represent the population of the chain's customers.
