Knoll,IncCurrently Sells 15,000 Units a Month for $50 Each,has Variable

question 90

Multiple Choice

Knoll,Inc.currently sells 15,000 units a month for $50 each,has variable costs of $20 per unit,and fixed costs of $300,000.Knoll is considering increasing the price of its units to $60 per unit.If the price is changed,how many units will Knoll need to sell for profit to remain the same as before the price change?

• A)10,000
• B)11,250
• C)12,000
• D)12,500

Evaluate the significance of intention and interpretation in resolving contract ambiguities and disputes.

Analyze the impact of fraudulent misrepresentation on contract enforceability.

Grasp the concept of novation and its function in altering the terms or parties of a contract.

Understand the concept of wealth and net worth and their differences.

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Definitions:

Kinetic House-Tree-Person Test

A projective psychological test designed to measure aspects of a person's personality through their interpretation and drawing of certain elements.

Intrafamilial Relationships

Relationships within a family, including those between parents and children, siblings, and other family members.

Word Association

A psychological test in which subjects are presented with a series of words and asked to respond immediately with the first word that comes to mind.

Jung

Refers to Carl Gustav Jung, a Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his concepts of the collective unconscious and archetypes.