Answer:
The annual fixed expenses associated with the textbook is $301,000.
Explanation:
Selling Price = $27
Variable Cost = $20 per unit
Contribution margin = $27 - $20 = $7 per unit
Break-even = 43,000 units
Fixed Cost = ?
Use Break-even formula to calculate fixed cost
Break-even = Fixed cost / Contribution per unit
43,000 = Fixed cost / $7
Fixed Cost = 43,000 x $7
Fixed Cost = $301,000
It would round up to total an exact amount of - <span>$1,568</span>
The greater availability of apartments is not one of the tools that can characterize rent control.
- The term rent control refers to the rules and regulations that are given by the policymakers. The rent control can reduce the quality and the rental housing units.
Hence the option B is correct.
Learn more about the is not a characteristic of rent controls
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