Answer: The break even point in dollars is $2,000,000.
We calculate the break even point (BEP) in dollars as follows:
We calculate Contribution Margin ratio as :
Substituting the Contribution Margin Ratio in the break even point formula we get,
BEP = $2,000,000
Answer:
a change in consumer tastes for the product.
Explanation:
A change in consumer taste about a product causes the demand curve and not the supply curve to change.
If the cost of Labour increases, cost of production is higher and supply would fall. The supply curve would shift leftward.
If the cost of Labour falls, cost of production is lower and supply would increase. The supply curve would shift to the right.
If it is expected that price would increase, supply would increase and the supply curve would shift to the right.
If the number of sellers increases, supply would increase and the supply curve would shift to the right.
If the number of sellers decreases, supply would fall and the supply curve would shift to the left.
I hope my answer helps you
Answer:
The person examined.
Explanation:
The California insurance code
This Insurance Code is known as a set of statutes set up by the state legislature and is responsible for the regulation of the business of insurance in California. The Commissioner does not have the authority to change the Insurance Code and only the state legislature has the authority to write or amend the Insurance Code.
The Insurance Commissioner
This office is elected by the people and usually serve up to two 4-year terms. The Commissioner's term runs concurrently with that of the Governor. The Commissioner has the authority to conduct examinations of an agent or insurer's books and records at any time.
The Insurance Commissioner's Duties and Responsibilities
1. File and keep all books and papers as required by law
2. Responsible for the Issue of Certificates of Authority to companies that meet the requirements of state law
3. Issue, refuse, revoke or suspend licenses or Certificates of Authority etc.
He invented various glass.
According to Mendenhall and Oddou <u>self-orientation</u> predicts success in a foreign posting strengthens an expatriate's self-esteem, self-confidence, and mental well-being.
<u>Option: D</u>
<u>Explanation:</u>
Mendenhall and Oddou belief that self-orientation is beneficial to have assumption regarding success in foreign posting capacities by showcasing sufficient amount of self-confidence and mental stability.
Self-orientation allow the representative to arrange the strategy or upcoming conversation in mind according to on going scenario, this is only possible when one is having a stable self-oriented brain rather then doubtful, full of questions, nervous mode or any unimpressive act.
Here, they have correlated self-orientation with positive side of business inspite of being only self concern and not considering other factors.
