Assume That You Can Sell a New Product at $5

question 107

Multiple Choice

Assume that you can sell a new product at $5.00 per unit. Variable costs are $3.00 per unit, and fixed costs are $20,000. What is the breakeven point in sales units?

• A)5,000
• B)7,500
• C)10,000
• D)12,500

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Definitions:

Binocular Vision

The ability to maintain visual focus on an object with both eyes, creating a single visual image and enabling depth perception.

Same Object

Referring to an item that is identical in nature, character, or function to another, often used in discussions about perception and cognition.

Develop

The process of growth, progress, or evolution through successive stages in natural, social, or organizational contexts.

Least Developed

Refers to countries that, according to the United Nations, exhibit the lowest indicators of socioeconomic development, with the weakest indicators for human and income rights.