To Find the Number of Units That Gives Break-Even for the Product

question 63

Multiple Choice

To find the number of units that gives break-even for the product, solve the equation R $$\mathbf { R } = \mathbf { C }$$ ound your answer to the
nearest whole unit.
-Jim wants to plan a meal with 150 grams of carbohydrates and 1400 calories. If green beans have 7 grams of carbohydrates and 30 calories per half-cup serving and french fried shrimp have 9 grams of carbohydrates and
190 calories per three-ounce serving, how many servings of green beans and shrimp should he use?

• A) 7 half-cup servings of green beans and 9 three-ounce servings of shrimp
• B) 9 half-cup servings of green beans and 7 three-ounce servings of shrimp
• C) 5 half-cup servings of green beans and 15 three-ounce servings of shrimp
• D) 15 half-cup servings of green beans and 5 three-ounce servings of shrimp

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Definitions:

Relatively Inelastic

Describes a demand characteristic where a change in price leads to a smaller proportionate change in quantity demanded.

Excise Tax

A tax levied on specific goods, services, or transactions, often imposed on items such as alcohol, tobacco, and gasoline.

Price-Elastic Demand

The characteristic of demand for a good indicating that a change in price results in a relatively larger change in the quantity demanded.

Excise Tax

A tax on the sale or use of specific products or transactions, typically integrated directly into the cost of the good.