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Nesterboy [21]
4 years ago
11

Green Manufacturing Company produces a product that has a variable cost of $30 per unit. Fixed costs amount to $240,000. The sel

ling price of the product is $36. How many units of product must Green produce and sell to break even?A. 40,000 unitsB. none of the above.C. 48,000 unitsD. 46,667 units
Business
1 answer:
Amiraneli [1.4K]4 years ago
3 0

Answer:

A. 40,000 units

Explanation:

To break even, the total cost must be equal to the total revenue. The cost elements are the fixed and variable cost. The variable cost is dependent on the level of activities.

Let the number of units required to breakeven be g

cost = sale

30g + 240,000 = 36g

36g - 30g = 240000

6g = 240000

g = 40000

The company must produce and sell 40000 units to break even.

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If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so
Deffense [45]

Answer:

<u>expansionary; will be equal to</u>

Explanation:

<em>Remember</em>, monetary policies are basically divided into:

  1. expansionary monetary policy, and
  2. contractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

6 0
3 years ago
$1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If your nominal annual required rate of ret
Georgia [21]

Answer:

$1,115.58

Explanation:

Calculation to determine how much should you be willing to pay for this bond

Using this formula

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Where,

Par value= $1,000

Cupon= $35

Time= 10*4= 40 quarters

Rate= 0.12/4= 0.03

Let plug in the formula

Bond Price​= 35*{[1 - (1.03^-40)] / 0.03} + [1,000/(1.03^40)]

Bond Price​= 809.02 + 306.56

Bond Price​= $1,115.58

Therefore how much should you be willing to pay for this bond is $1,115.58

6 0
3 years ago
the 5 basic marketing strategies are called the 5 p's. another name for these strategies is ________.
MatroZZZ [7]
I believe it's the marketing mix?
6 0
3 years ago
In the early 1900s the biggest challenges most businesses faced was getting the products from the places where they were produce
bogdanovich [222]

Answer:

True

Explanation:

Businesses has always had its challenges and also more peculiar challenges from time immemorial and it is so even today despite several business models and the likes being in operation.

In the 1900s, one of the peculiar challenges of businesses was the inability of manufacturers to transport their goods from the point of production to the points of sale. In the 1900s, railways began to become more open than from the time of rail owners and also vehicles as we know today began to come into existence. Overtime, heavy duty vehicles capapble of transporting and lifting good from the point of production to its point of sale began to come up.

Cheers.

8 0
3 years ago
According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contr
Pie

According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.

<h3>What do you mean by Uniform Commercial Code?</h3>

The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.

According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.

Learn more about uniform commercial code here:

brainly.com/question/8476938

#SPJ1

3 0
2 years ago
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