William Clark Wants to Know His Breakeven Point

question 44

Multiple Choice

William Clark wants to know his breakeven point. His selling price is $20 per unit, his fixed costs are $6,000, and the variable costs per unit are $6. What is his breakeven quantity?

• A) 430 units
• B) 428.6 units
• C) 300 units
• D) 425.6 units
• E) 50 units

---

Definitions:

Consumer Acculturation

The process by which consumers learn about and adopt the cultural norms, values, and behaviors of a society other than their own, affecting their purchasing behavior.

Purchasing Socialization

The process through which individuals learn purchasing and consuming behaviors from social influences and communities.

Consumer Socialization

The process by which individuals acquire the skills, knowledge, and attitudes necessary to function as consumers in the marketplace.

Brand Preferences

Consumers' tendency to favor one brand over others, influenced by past experiences, perceptions of quality, marketing efforts, and personal tastes.