First we have to identify first what AIM means. AIM means American Indian Movement. This group is an advocacy group in the United States. This was formed to address the sovereignty of the American Indian. Just like the other organization, AIM also used the media to voice out their opinion and messages to the public.
Answer:
average total cost per unit is not at its lowest possible cost
Explanation:
A monopolistic competition is defined as such a market where many different firms or companies sells various differentiated products. Here the firm has some control on the price of the product. It is a market structure of considerably no price competition.
The monopolistic firms are not productive enough because the output is very less than the optimum level of the society as the average total cost of the producer per unit is not at the lowest possible cost.
In the Olympic organizational structure national governing bodies (NGBs) report directly to National Olympic Committee (NOCs) and International Federations (IFs).
The NOC is a national organizing committee and IFs are <span>responsible for the integrity of their sport on the international level. </span>
Answer:
Break-even point in units = 11 units
Explanation:
Given:
Rent per month = $150
Fixed charges per = $15
Variable cost = $5
Sale value = $20
Break-even point in units = ?
Computation of Contribution:
Contribution = Sale value - Variable cost
Contribution = $20 - $5
Contribution = $15
Computation of break-even point in units:
Break-even point in units = Fixed cost / Contribution
Break-even point in units = ($150 + $15) / $15
Break-even point in units = ($165) / $15
Break-even point in units = 11 units
Answer:
Contributing margin.
Explanation:
Contributing margin is calculated by deducting the cost of producing a food item from its selling price. This represents the portuin of sales revenue that is not used up by cost.
It shows the profit a business eventually makes after considering its costs incurred.
This is an important consideration for businesses because it shows if a business venture is profitable and worth continuing. When the contributing margin is negative, it means that the business is running at a loss.