Answer:
29,771 units
Explanation:
The break-even indicates the number of units that you have to sell to cover your costs. The break-even point is calculated by using the formula:
Break-even point in units= Fixed costs/(selling price per unit-variable cost per unit)
Break-even point in units= $195,000/($14.95-$8.40)
Break-even point in units= $195,000/$6.55
Break-even point in units= 29,771 units
The break-even point in units is 29,771.
Explanation:
The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.
Answer:
economies of scale
Explanation:
Economies of scale are the result of increasing returns to scale, this means that the higher the output, the lower the production costs per unit. This means that large producers will have an advantage over smaller producers which will eventually allow them to make more profits and sell at lower prices. After a while, only large producers that are able to manufacture goods at a low price will exist, e.g. car manufacturers.
The monetary supply in the United States is based on fiat money which means that it is not true that A) America's fiat money is currently backed by gold deposits at the Federal Reserve.
The American dollar is a fiat currency which means that it is not backed by any sort of mineral deposits be it gold or silver. The gold deposits at the federal reserves are therefore not used to back the dollar.
The dollar is instead backed by the U.S. government and its policies which aim to keep the American economy stable.
The<u> other options are wrong</u> because:
- It is true that the USD being legal tender means it can be used to pay for debt.
- It is also true that the demand for money increases based on the volume of transactions in the economy.
In conclusion, the U.S. Dollar is not backed by the gold deposits in the Federal reserve but rather by the American government itself.
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