Answer:
BEP : 500 units
Profits : R2000
Explanation:
BEP or break-even point = fixed costs/ contribution margin per unit.
Fixed costs = R2000
Contribution margin per unit = selling price - variable costs
Contribution margin per unit = R12- R8 =R4
BEP = 2000/4
BEP = 500 units
profits will be the units sold after BEP x contribution margin
=1000-500
=500
profits will be
=500 x 4
=2000
Answer:
The answer is A. evoked set
Explanation:
Evoked set is a set of brands that comes to a consumer's mind when he thinks of purchasing a product.The exact size of the evoked set may depend upon the importance of the purchase and how long the consumer wishes to spend on various choices in the evoked set.
A country would have a comparative advantage to produce a good if the cost of producing this good, even if it produces efficiently, is higher than that of other countries.
Explanation:
The Competitive Vantage Principle explains how an individual produces more commodities and uses fewer goods with a comparative advantage under freer trade.
For example, the comparative advantage of oil-producing countries in chemical products. Compared to countries that are not there, the local manufactured oil is a cheap source of chemicals.
It can produce products with fewer resources, which offers countries a comparative advantage at lower incentive costs. The PPF's gradient reflects the cost of output capacity. Improving one good's production means producing less of one.
One nonprice competition technique is Better Quality. Another nonprice rivalry technique is Better Customer Service. In conclusion, a nonprice rivalry methodology is having a superior site. These procedures matter to clients because of the way that they need to show signs of improvement of a similar item, for example, the better shirt, the better pants, the better administration and so forth.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
