Answer:
False
Explanation:
A defined benefit pension plan is a type of pension plan where the employer gives a promise with respect to the particular pension payment that could be lumpsum for the retirement basis
Since in the question it is mentioned that the companies would not continue with the defined benefit plan and they move to the defined-contribution plans that save for the retirement so that it would create the more responsibility over the company due to this they would provide the retirement benefit but this statement is false as it is better to received the lumpsum amount
If there's upward pressure on price, there would be an increase in the quantity supplied.
<h3>What the relationship between price and the quantity supplied?</h3>
There is a positive relationship between price and the quantity supplied. When there is an increase in price, the quantity supplied increases all things being equal.
The positive relationship between price and the quantity supplied is a result of the desires to earn more profit. So when price increases, in order to earn higher income, producers would increase the quantity supplied. This postulation is in line with the law of supply.
To learn more about the law of supply, please check: brainly.com/question/26374465
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Answer:

Explanation:
<u>The first step</u> will be get the contribtuion margin:

800,000 - 6000,000 = 200,000
This is the amount after variables cost used to pay the fixed cost and make a gain.
Second, we calcualte the contribution margin ratio

200,000/800,000 = 0.25
Per dollar of sales 25 cents are available to pay the fixed cost.
Now, we calculate the break even point in dollars


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