Question:
If the first copy cost of a music video is $223,000 and the marginal cost is $0, then how many copies should the firm sell in order to break even if the price was $10 each?
A) 2,230
B) 223,000
C) Zero
D) 22,300
Answer:
The correct answer is B.
Explanation:
Step 1 - Relationship between Marginal Cost and Break Even Price (BEP)
This is given as:
BEP =
Step Two
First compute the denominator
= 1-(0/10)
= 1-0
= 1
Step 3
Therefore BEP = 223,000/1
= <u>$223,000</u>
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Cheers!
Answer: Recency frequency monetary analysis (RFM)
Explanation: The hair salon referred to in the question is applying the Recency frequency monetary analysis to ascertain the value of each of their customers. This analysis checks the last time a certain customer came into the company, how frequent that customer comes and how much the customer spends on each purchase to know how valuable they are.
Answer:
The systems that support functions that are absolutely critical to the organization
Explanation:
Only the systems that support functions that are absolutely critical to the organization. Critical in such that it no organization can do without them, I.e they are very important to for their survival.
Answer:
($16,000-$1,000)/6 years = $2,500 per year.
$16,000 - $2,500 = $13,500
Explanation: