Ideal Company Ideal Company Produces and Sells a Single Product

question 18

Multiple Choice

Ideal Company Ideal Company produces and sells a single product. Information on its costs follow:
Refer to Ideal Company. Assume Ideal Company produced and sold 5,000 units. At this level of activity, it produced a profit of $18,000. What was Ideal Company's sales price per unit?

• A) $15.00
• B) $11.40
• C) $9.60
• D) $10.00

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Definitions:

Natural Outcome

A result or consequence that emerges spontaneously from a set of conditions or actions, without being planned or forced.

Post-Structuralist

An intellectual movement that emerged in the 1960s as a critique of structuralism, focusing on the instability of meaning and the role of power in knowledge construction.

Normalizing Discourses

Conversations and narratives that establish and reinforce what is considered 'normal' or acceptable in society.

Good Mothers

A socially constructed ideal that outlines the expectations and characteristics deemed necessary for a woman to be considered a capable and nurturing mother.