Answer:
The new breakeven point is 737,500 in sales revenue
Explanation:
Breakeven point = Fixed cost / Contribution Margin Ratio
Actual Fixed Cost are Contribution Margin Ratio x Breakeven point
Fixed cost=Contribution Margin Ratio x Breakeven point
Fixed cost=0.40 x 650,000
Fixed cost=260000
If the company's fixed expenses increase
Fixed cost=260000 + 35000
Fixed cost=295000
Breakeven point = 295000/ 0.40
Breakeven point = 737,500
Answer:
developing new competencies
Explanation:
In simple words, globalization promotes the innovation all around the world along with the promotion of its transfer from one economy to another. Due to this, the firms around the globe extend their businesses by setting their own limits. It helps the enhance their operational activities with new market and a new customer base to attract.
Answer: Four times.
Explanation:
Based on the information given, the government expenditure multiplier in this case goes thus:
K = ∆Y/∆G = 1/1-MPC = 1/MPS
For the first country with a MPS of 0.05, K = 1/MPS = 1/0.05 = 20
For the first country with a MPS of 0.2, K = 1/MPS = 1/0.2 = 5
Therefore, 20/5 = 4.
Therefore, the answer is four times.
<span>Capitalism
This is a market economy in which the belief system is in light of private responsibility for methods for creation and their operation for benefit. Qualities fundamental to this system incorporate private property, capital aggregation.</span>