Answer:
Istructions are listed below.
Explanation:
Break-even point= fixed costs/ contribution margin
Break-even point (dollars)= fixed costs/ contribution margin ratio
Maring of safety= current sales level - break-even point
Margin of safety ratio= (current sales level - break-even point)/current sales level
Answer:
The correct answer is option c.
Explanation:
Adam Smith and other economists advocated that in a competitive industry, the total cost is minimized through the actions of the individuals who are pursuing their self-interest. It is not intended or pre-planned.
Adam Smith believed that individuals are led by an invisible hand or market forces to maximize their own profits and lead to the overall welfare of society.
If consumers and producers are allowed to make their decisions freely, it would lead to production and price determination such that all members of the society are benefited.
Answer:
D. Negotiation
Explanation:
Bezel Systems can use the negotiation strategy in introducing the organzation-wide changes.
Negotiation can be defined as a strategic method of resolving an issue in a way that both parties involved find acceptable. It is a method of settling differences.
Each party involved in negotiation tries to persuade the other party to agree with his or her point of view. It is a process of reaching an agreement between two parties.
Negotiation takes place between two or more parties such as between a seller and a buyer, employers and employees, government of two countries. It helps a firm to reach it goals without causing disputes.
Answer:
D) it presumes there will be economic gains even if output does not become internationally competitive
Explanation:
The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that it presumes there will be economic gains even if the output does not become internationally competitive. International competitiveness is a step of the relative cost of services/goods from a nation. Countries that can provide a similar quality of goods at a cheaper cost are stated to be extra competitive.
Answer:
Unitary fixed cost= $36.36
Explanation:
Giving the following information:
Total fixed costs for Diamond Enterprises are $ 800,000. Total costs, including both fixed and variable, are $ 910,000 if 120,000 units are produced.
Unitary fixed cost= total fixed costs/ number of units
Unitary fixed cost= 800,000 / 220,000= $36.36