A Computer Manufacturer Sells 1,000 Units Per Month at $500

question 183

Multiple Choice

A computer manufacturer sells 1,000 units per month at $500 each.A price cut to $400 is being considered.His marginal cost is constant at $300 per unit.To maintain profits, quantity sold must increase to at least

• A)1,500
• B)2,000
• C)2,500
• D)3,000

Understand the concept and strategic implications of organizational downsizing.

Recognize the importance of strategic planning and consideration of costs in downsizing efforts.

Identify the impacts of downsizing on organizational reputation and responsibility.

Comprehend the various downsizing strategies and the rationale behind them.

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Definitions:

Physical Custody

A legal term referring to the right of a parent or guardian to have a child live with them.

Legal Custody

Involves the rights and responsibilities of a parent or guardian to make major decisions concerning the child's welfare, including education, healthcare, and religious training.

Blended Families

Families consisting of a couple and their children from this and all previous relationships.

Role Model/Mentor

A role model or mentor is a person whose behavior, example, or success is or can be emulated by others, especially by younger individuals.