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Alex17521 [72]
3 years ago
10

Gourmet Pets is interested in computing the break-even point for its new product Prime Cuts. The fixed costs of adding this prod

uct to the product line amounts to $20,000. Variable costs to produce one package of Prime Cuts are $2. Prime Cuts will sell for $6 per package. The break-even point would be:
A. 900 units.
B. 2,800 units.
C. 5,000 units.
Business
1 answer:
EleoNora [17]3 years ago
5 0

Answer:

C. 5,000 units

Explanation:

The break-even point is the number of units Gourmet Pets needs to sell to outweigh the fixed costs plus the production costs. Let 'x' be the number of Prime Cuts units sold, the expression that models the balance for Prime Cuts is:

B = -20,000 - 2x +6x

In order to break even, the balance must be equal to or greater than zero:

0 = -20,000 - 2x +6x\\x= \frac{20,000}{4} \\x=5,000

The break-even point would be 5,000 units.

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Bill is the owner of a house with two identical apartments. He resides in one apartment and rents the other apartment to a tenan
Mnenie [13.5K]

Answer:

B. $2,600

Explanation:

The computation of the net rental income is shown below:

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= $550 × 12 months - ($3,600 + $900 + $500) × 50% - $1,500

= $6,600 - $2,500 - $1,500

= $2,600

Since only one apartment is on rent so we considered the expenses of the building at 50% not full value and the same is applied above

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3 years ago
In response to an upturn in the economy, entrepreneurs seek to expand their businesses. a. What will happen to nominal interest
kicyunya [14]

a. Nominal interest rates Increase and Aggregate demand Decrease

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Explanation:

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Henry is an economist and wants to understand the relationship between inflation and consumer spending habits. For his research,
alexandr402 [8]

Answer:

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Explanation:

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Basket Price:

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Please fill in the blanks with appropriate option.
Fiesta28 [93]

Answer: Please refer to Explanation

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2. Output Gap.

This is the difference between the Actual GDP and the Potential GDP.

3. Demand Shock

This increases or reduces Aggregate Demand due but only temporarily.

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This is where actual GDP falls below Potential GDP.

5. Supply Shock.

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8 0
3 years ago
The term____ refers to a market exchange that affects a third party who is outside or external to the exchange
amm1812
The term spillover refers to a market exchange that affects a third party who is outside or external to the exchange
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