Mopsun, a Garment Store, Sells Customized Hoodies at $7 Per

question 130

Multiple Choice

Mopsun, a garment store, sells customized hoodies at $7 per unit. The total fixed costs add up to $8000 per year, and the variable costs add up to $3 per unit. How many hoodies should Mopsun sell every year in order to cover all costs?

• A) 1000
• B) 2000
• C) 1500
• D) 2500

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Definitions:

Ideal Goals

Objectives or aims that represent a perfect or most desirable outcome, often used as benchmarks for success or aspiration.

Frugal Heuristics

Cognitive shortcuts or rules of thumb that simplify decision making.

Effective Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions to achieve a goal.

Thoughtful Deliberation

A process of carefully considering and reflecting on various options or aspects of a situation before making a decision.