Suppose an American subsidiary of UK company showed: Current assets of dollar 5 million; Current liabilities of dollar 4.1 milli
1 answer:
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A quotation in business is document similar to an invoice in that it contains much the same information. However, it has a different purpose: to provide the customer with a detailed list of the product or service being offered, before the order is confirmed.
Answer:
10 units;
50 units.
Explanation:
The revenue function is given by the price function multiplied by the number of units sold (x).
The break even point occurs when Revenue equals costs:
Therefore, the smallest number of units required for the company to break even is 10 units.
Maximum profit will be achieved at that number of units for which the derivate of the profit function is zero:
The number of units that will give maximum profit is 50.