<span>The breakeven point in units for Fuschia is 7000 units.
You find this figure by taking the total fixed costs (84,000) and dividing it by the contribution margin (12). This gets you to the breakeven point that the company can expect.</span>
The free market<span> is
defined as the system in which the price of goods is agreed upon by
consent between sellers and consumers, through the laws of supply and demand.
Their requirements are the existence of free competition, (which in turn requires that among the participants
of a commercial transaction there is no coercion, no fraud, or more generally,
that all transactions are voluntary), c</span>omplete universal information about the products and their prices,
a free medium of exchange with a common currency, reasonable transaction costs,
set of sellers and a set of buyers.
Answer:
D. Kurt’s division is less risky than the other divisions.
Explanation:
Based on the information provided within the question it can be said that the most likely reason is that Kurt’s division is less risky than the other divisions. Just as the saying goes "the greater the risk, the greater the reward", the same goes for the opposite, the lower the risk that a division has to undertake the lower the percent for the required return.
<u><em>Answer:</em></u>
<u><em>Mixed economy</em></u>
<u><em>Explanation:</em></u>
There are three types of Economies:
<u><em>Command Economy:</em></u>
An economy where price and products are controlled by the government. It is very commonly seen in communist countries, like China or Vietnam.
<u><em>Free market:</em></u>
An economy where the government has little to no control. However, a perfect free economy doesn't exist anywhere, and is just a concept.
<u><em>Mixed Economy:</em></u>
An economy where the market is controlled by both the people/consumers, and the government. America is a mixed economy. Individuals are allowed to own property with little government intervention. However, the government has a lot more control over other sectors of the market.
<u><em>So, to answer the your question, because the Mixed economy is controlled by the government and the poeple, it is the answer.</em></u>
