If a Firm Has Fixed Costs of $85,000, a Variable

question 56

Multiple Choice

If a firm has fixed costs of $85,000, a variable cost per unit of $10 and sales price per unit of $15, what is the firm's breakeven point in units?

• A) 15,000 units
• B) 17,000 units
• C) 5,667 units
• D) 3,400 units

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Definitions:

Background Extinctions

The normal rate of extinction for species or a certain baseline level of extinctions that occurs without human intervention or major catastrophes.

Genetic Mutations

Changes in the DNA sequence of an organism's genome, which can result in variations in physical appearance, function, or behavior.

Artificial Selection

The human practice of breeding plants or animals for desired traits.

Environmental Change

Alterations in the environment, often caused by human activities and natural ecological processes, affecting ecosystems, weather patterns, and species distributions.