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Felicia wants to know how many units she must sell to cover all of her costs. She indicates to you that her selling price is $20 per unit, her fixed costs are $6,000, and the variable costs per unit are $15. What is her break-even point?
Ends in Themselves
Refers to Kantian ethics principle where individuals are considered as having intrinsic value, not merely as means to others' ends.
Common Goal
A shared objective or aim pursued by individuals within a group or organization.
Ethical Leadership Principle
A guideline for leadership behavior that emphasizes honesty, integrity, fairness, and respect in decision-making and interactions.
Toxic Triangle
A framework that describes the confluence of destructive leaders, susceptible followers, and conducive environments that foster toxic leadership.
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