Answer:
14,000 units
Explanation:
By the use of the cost volume analysis concept, the break-even point is obtained by dividing fixed costs by contribution margin per unit.
in this case,
fixed costs are $98,000
contribution margin per unit??
CM per unit = selling cost per unit - variable cost per unit
=$12- $5
contribution margin = $7 per unit
break-even point= $98,000/ $7
break -even = 14,000 units
Answer:
The correct option is C
Explanation:
The diminishing marginal utility law, is the law which states all else being equal as there is rise in consumption, the marginal utility rises of every extra or additional unit decrease .
And the marginal utility is the described or stated as the utility which changes or varies when an additional unit is consumed.
So, the law states or insures that the curve of the total utility will increase at the decreasing rate, as there will be more consumption at the decreasing rate.
Answer: closing
Explanation:
The project life cycle is referred to as a framework that shows how projects successfully move from the beginning to the end.
It is in the closing stage that the product will be delivered to the customer and the resources are released from the project.
