Moonbeam Corporation Moonbeam Corporation Manufactures and Sells Two Products: a and B

question 58

Multiple Choice

Moonbeam Corporation Moonbeam Corporation manufactures and sells two products: A and B The operating results of the company are as follows: $\begin{array}{lll}&\text{Product A}&\text{Product B}\\\hline\text { Sales in units } & 2,000 & 3,000 \\\text { Sales price per unit } & \$ 10 & \$ 5 \\\text { Variable costs per unit } & 7 & 3\end{array}$ In addition,the company incurred total fixed costs in the amount of $9,000.
Refer to Moonbeam Corporation.How many units would the company have needed to sell to produce a profit of $12,000?

• A)8,750
• B)20,000
• C)10,000
• D)8,400

Understand the concept of the need for achievement and its influences on personal and professional choices.

Grasp the principles of Maslow's hierarchy of needs and its application to motivation.

Critically evaluate the support and criticisms of Maslow’s theory.

Describe the significance of incentive theories in motivation.

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Definitions:

Producer Surplus

is the difference between the amount producers are willing to accept for a good or service versus what they actually receive.

Consumer Surplus

The discrepancy between the sum consumers are ready and able to spend on a good or service and the sum they end up paying.

Consumer Surplus

The distinction between the expected total consumer spending on a product or service and the real total paid.

Trade

The exchange of goods, services, or both between two parties, whether within the interior of a country or across international borders.