Data Concerning Sinisi Corporation's Single Product Appear Below: the Break-Even

question 394

Multiple Choice

Data concerning Sinisi Corporation's single product appear below: The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $407,600
• B) $1,405,400
• C) $574,000
• D) $795,600

---

Definitions:

Consumption

The expenditure by individuals on durable goods, nondurable goods, and services; represented by C.

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in its price.

Quantity Demanded

The sum total of a particular good or service that individuals are inclined and financially able to purchase at a given price.

Decrease

A reduction in size, number, or amount.