Answer:
31,000
Explanation:
Given that,
Selling price = $3.90 per pair of shoes
Variable cost = $3.50 per unit
Total fixed cost = $12,400
Contribution margin per unit:
= Selling price - Variable cost
= $3.90 - $3.50
= $0.40
Pairs must Mason sell to break even:
= Fixed cost ÷ Contribution margin per unit
= $12,400 ÷ $0.40
= 31,000
Answer:
sole proprietorship
Explanation:
A sole proprietorship is a business that is owned and run by one person. The person is responsible for operations and decision-making.
There is no distinction between the business and the individual.
The instance given, the proceeds from Sung's business is used to supplement her allowance .
Answer:
Within an economic and monetary union, there is a level of economic integration that involves the use of a common currency, harmonization of members' tax rates, and a common monetary and fiscal policy
.
Explanation:
An economic and monetary union is a form of economic integration of states, including the common market, harmonization of economic policy (or common economic policy) in several areas, and monetary union (a common currency or at least fixed exchange rates between Member States). It is the fifth phase of economic integration.
Sometimes a monetary union is seen as either the starting point of an economic (and monetary) union, sometimes - more often - than its completion. Since there is also a monetary union without a common market and / or harmonized economic policy, the concepts of "economic and monetary union" and "monetary union" need to be differentiated.
A typical example is the European Union's Economic and Monetary Union.
Answer:
Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.
Explanation:
The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.
Answer:
d. Evaluate segment attractiveness
Explanation:
The STP process helps to find your customers and decide the best way to target them. The step of the process that develops descriptions of the different segments is evaluate segment attractiveness as in this step the description of the segments along with market information and research results are generated to evaluate each segment.
