Cost per unit
(300,000÷15,000)+20=40
Current profit
50×15,000−40×15,000=150,000
Profit change
60×15,000−40×15,000=300,000
units will knoll need to sell for profit to remain the same as before the price change is
(150,000+300,000)÷40=11,250
Answer:
Sole ownership
Explanation:
Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.
Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP
A mission is abroad declaration of an organization's purpose that identifies the organization's products and customers and distinguishes the organization from its competitors.
Sometimes this is confused with vision. The vision is where the organization wants to be 5 - 10 years from now.
It is known as a Strategy. An association's methodology that joins the greater part of its advertising objectives into one extensive arrangement. A decent showcasing procedure ought to be drawn from statistical surveying and concentrate on the correct item blend keeping in mind the end goal to accomplish the most extreme benefit potential and maintain the business.
Answer:
b. 6 units
Explanation:
Output Revenue Costs = Profit ( Revenue - Costs)
0 0 10 = -10
1 8 12 = -4
2 16 15 = 1
3 24 19 = 5
4 32 24 = 8
5 40 30 = 10
6 48 37 = 11
7 56 46 = 10
8 64 55 = 9
9 72 65 = 7
Note: The revenue is calculated by multiplying output by the market price of $8.
The firm should produce 6 units to maximize their profit which is $11.
