I'MaPizzaCo

question 47

Multiple Choice

I'MaPizzaCo. produces and sells specialty pizzas. Last year, it produced 8,000 mushroom, sausage and spinach pizzas and sold each one for $8. To produce these 8,000 specialty pizzas, the company incurred variable costs of $24,000 and a total cost of $40,000. I'MaPizzaCo's average fixed cost to produce 8,000 specialty pizzas was

• A) $3.00
• B) $2.00
• C) $1.80
• D) $1.60

Analyze the political and commercial risks involved in international business, including expropriation and terrorism.

Understand the implications of globalization and protectionism on international trade and investments.

Understand the concept and importance of multidisciplinary service in case management.

Recognize the roles and responsibilities of case managers, including the difference between direct and indirect services.

---

Definitions:

Milton Friedman

An influential American economist known for his advocacy of free markets, limited government, and a pioneering contributor to the fields of economics and statistics.

Social Responsibility

The idea that businesses should balance profit-making activities with activities that benefit society; it involves developing businesses with a positive relationship to the society in which they operate.

Profits

The financial gains obtained after subtracting the costs and expenses from the total revenue generated by a business or investment.

Ethic Of Care

A moral theory emphasizing the importance of interpersonal relationships and compassion in ethical decision-making.