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Dancer Corp.has a selling price of $20 per unit,and variable costs of $10 per unit.When 12,000 units are sold,profits equaled $35,000.How many units must be sold to break-even?
Complex Product
A product that is made up of various components and possibly involves intricate processes in its manufacture or usage.
Assembly Line
A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster than with handcrafting-type methods.
Resources
The inputs, or factors of production, used to produce the goods and services that people want; resources consist of labor, capital, natural resources, and entrepreneurial ability.
Goods
Physical items that are produced and can be bought, sold, or traded, fulfilling consumer needs or desires.
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