Answer:
6251 tapes
Explanation:
Given: fixed cost is $10,000.
Variable cost is $0.40 to produce each tape.
Selling price is $2 per tape.
Lets assume number of tapes to be produced and sold be "x"
We know, Total cost= 
∴ Total cost= 
Total cost= 
As given, selling price is $2 per tape.
∴ For attaining break even point, Tota cost = Selling price.
Solving the equation to find the value of x
⇒
Subtracting both side by 0.4x
⇒
Dividing both side by 1.60
⇒ 
∴ x= 6250
Hence, number of tapes must be sold and purchased is 6250 to attain break even in the business, however selling one more tapes will get profit is 6251.
I’m pretty sure it was island hopping
Answer:
The answer is: The price elasticity of demand for a good measures the willingness of buyers of the good to buy less of the good as its price increases.
Explanation:
The price elasticity of demand measures the change in the quantity demanded of a product in relation to a change in its price.
The formula for determining the price elasticity of demand (PED) is:
PED = % of the change in Quantity Demanded / % of the change in price
If a good has a high PED (≥ 1) then it is called elastic, which means that any change in the price will change the quantity demanded in a greater proportion. If a good has a low PED (≤ 1) then it is called inelastic, which means that any change in the price will affect the quantity demanded in a smaller proportion.
Usually goods or services considered luxurious (e.g. gourmet cheese), tend to be very elastic (high PED). While products considered basic necessities (e.g. gasoline) tend to be very inelastic (low PED).
External forces in the natural environment is C. interest rates, exchange rates, the inflation rate, the unemployment rate, the rate of economic growth, trade deficits or surpluses, savings rates, and per-capita domestic product.
<h3>What are external forces?</h3>
These are factors that affect an environment from the outside instead of within.
For the natural environment, this would represent everything that affects nature, but aren't really part of nature. This includes inflation, unemployment, and other economic factors.
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impose expectations and guidelines for moral conduct. The foundation of duty-based ethics is the notion that every business has obligations to others.
What is Ethical Behavior?
The use of moral principles in a specific circumstance is considered an ethical activity. It is acting in accordance with the moral guidelines established by the society in which we reside. Both interpersonal and professional connections at work can exhibit ethical behaviour. Corporations as legal entities can also use the idea. It assesses how decisions are morally significant in each of the aforementioned scenarios. A civilization must have ethical behaviour in order to run well. People who act unethically typically lose the trust of others, and the law should punish them for their unethical behaviour.
To learn more about Ethical Behaviour
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