If a Firm Has Fixed Costs of $30,000,a Price of $4.00,and

question 94

Multiple Choice

If a firm has fixed costs of $30,000,a price of $4.00,and a break-even point of 15,000 units,the variable cost per unit is:

• A) $5.00.
• B) $2.00.
• C) $0.50.
• D) $4.00.

---

Definitions:

Extended Family

A family group that extends beyond the nuclear family, including grandparents, aunts, uncles, and other relatives.

Nuclear Family

A family unit consisting of two parents and their children (biological or adopted), living together as a single unit.

Family Form

The structure or composition of a family unit, including nuclear, extended, single-parent, and blended families.

Self-Sufficiency

The ability of an individual or group to meet their own needs without external assistance.