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emmasim [6.3K]
3 years ago
5

Larsen Films' is analyzing its cost structure. Its fixed operating costs are $470,000, its variable costs of $2.80 per unit prod

uced, and its products sell for $4.00 per unit. What is the company's breakeven point, i.e., at what unit sales volume would income equal costs? a. 453,403 b. 411,250 c. 476,073 d. 391,667 e. 431,813
Business
1 answer:
Rainbow [258]3 years ago
5 0

Answer:

d. 391,667

Explanation:

Contribution per unit = Selling price - Variable cost = $4 - $2.80 = $1.20

Break even point = Fixed cost ÷ Contribution per unit = $470,000 ÷ $1.20 = 391,667 units

Therefore, the company's breakeven point, i.e., the unit sales volume that would make income equal costs is 391,667 units.

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Answer:

Predatory pricing.

Explanation:

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Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Predatory pricing is a marketing or pricing strategy that involves lowering the cost of goods and services for a short-term, in order to lure competing firms to lower their price, thus causing them to go bankrupt and exiting from the market.

Thus, the practice by the firms in this scenario is known as predatory pricing.

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3 years ago
From an entrepreneurial perspective, ______ is a description of the future you envision for your business.
deff fn [24]

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2 years ago
Question 1 Multiple Choice Worth 10 points)
kipiarov [429]

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Federal Trade Commission

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3 years ago
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oee [108]

Answer:

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It is important for the salesperson to pay close attention to the buyer's interests during the need discovery phase to:
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Based on business strategy, the salesperson needs to pay close attention to the buyer's interests during the need discovery phase to "<u>uncover the dominant buying motives."</u>

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The need discovery phase is when firms or salespeople try to understand the motives of the consumers, their needs, and requirements.

As a salesperson, knowing why the buyer or consumer wants to buy a product will give you an edge to know how to market your products to the consumer.

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Learn more about Need Discovery Phase here: brainly.com/question/25571041

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2 years ago
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