True. With competition in a market, firms have to compete to stay ahead of the others
Answer:
Explanation:
c:what type of business the person is in
that is the only logical answer lol
hope it helps
In order to break even, they would need to sell at least 5,000 units
Break even point is calculated by the formula:
Fixed costs÷(selling price -variable costs per unit)
i.e.
100,000 ÷ (60-40) = 5,000
Anything they sell above this number will start to produce profits for the company
Answer:A product that is not an object or something that is owned is called a non-economic good.
Explanation:
A product that is not an object or something that is owned is called a non-economic good.
Answer: B
Explanation: Service Variability as I learned it is defined as how the service of quality changes depending on how the service is given to you. For example two different lawn mowing comapnies.