1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GrogVix [38]
3 years ago
7

A retailer spends a $500 per month to keep its online shop active and updated. The store acquires shirts at a cost of $5 per shi

rt. Each shirt sells for a marginal benefit of $10 per shirt.
How many shirts would you have to sell for it’s marginal benefits to be greater than its total costs?
Business
1 answer:
Vesnalui [34]3 years ago
3 0

Answer:

100 shirts

Explanation:

Borrowing from the contribution margin concept, the level where the marginal benefit is greater than total costs is the break-even point.

Break-even point = fixed cost / contribution margin per unit.

For this retailer,

Fixed costs are $500,

The contribution margin per unit = selling price- variable cost

=$10-$5

=$5

Break-even point

= $500/$5

= 100units

You might be interested in
Lap Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a par
SpyIntel [72]

Answer:

The cost of the units completed and transferred out of the department was $825,000.

Explanation:

The costs per equivalent unit for the month were $2.00 for materials and $3.50 for conversion costs.

= 150,000 units × ($2.00 + $3.50) = $825,000.

7 0
3 years ago
A _____ is a business structure of interdependent organizations that reaches from the point of product origin to the consumer, w
Oksi-84 [34.3K]

Answer:

C) marketing channel or channel of distribution

Explanation:

The distribution channel (or marketing channel or downstream supply chain) refers to the chain of businesses that act as intermediaries through which a product or service passes. The distribution channel starts at the producer of the product or service and ends in the final customer.

4 0
3 years ago
Each of the following statements describes how the political and legal environment encourages productivity EXCEPT: A. Well-defin
natita [175]

Answer:

C. Price changes in markets provide suppliers incentives to supply goods to markets.

Explanation:

Price changes in the market has two perspective,

  • increase in price, will increase the productivity for retailers,
  • decrease in price, will decrease the productivity for retailers.

With increase the retailers expect to earn more, and with decrease the retailers expect to earn less.

This is a normal market condition and scenario, this does not link to any kind of political or legal environment, although the change in price might be due to political or legal policies, but the increase or decrease in productivity, is not related to any political or legal influence.

6 0
3 years ago
________ means that service quality depends on the quality of buyer-seller interaction during the service encounter.
Anika [276]

Answer: interactive marketing

Explanation:

Interactive marketing is also referred to as event-driven marketing or trigger based marketing and it simply has to do with using an effective communication which is two-ways to enable the consumers connect directly with a company.

Interactive marketing means service quality depends on the quality of buyer-seller interaction during the service encounter.

3 0
3 years ago
Arrange the steps for conflict resolution in proper sequence. Every individual involved in the conflict is encouraged to offer a
Lyrx [107]

-Individuals involved in the conflict is encouraged to come together.

-Every individual involved in the conflict expresses his or her opinion in an open manner.

-Every individual involved in the conflict is encouraged to offer a solution.  

-Discuss all the solutions and decide on the one that satisfies everyone.

8 0
3 years ago
Other questions:
  • Jason rents rooms in his hotel for an average of $100 per night. the variable cost per rented room is $20. his fixed costs are $
    7·1 answer
  • we come to them who weep foolishly and sit down and cry for company, instead of imparting to them truth and health in rough elec
    9·1 answer
  • Network Inc, a British software company, is setting up a new firm in India. Nathan, the manager, has arranged a training program
    9·1 answer
  • Universal Containers email policy requires that all email traffic remain within its firewall. Currently, the company has 200 sup
    14·1 answer
  • Quick Cleaners, Inc. (QCI), has been in business for several years. It specializes in cleaning houses but has some small busines
    12·1 answer
  • Adam smith suggested that increase competition will allow prices to be kept
    15·2 answers
  • TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard co
    6·1 answer
  • Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
    15·2 answers
  • Brad could no longer stand the smell emanating from his neighbor Clarence's compost heap that grew more odorous as the summer pr
    6·1 answer
  • What is the underlying premise of the resource-based view? Group of answer choices Firms generally have very similar capabilitie
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!