A Firm Has Fixed Costs of $200,000 and Variable Costs

question 123

Multiple Choice

A firm has fixed costs of $200,000 and variable costs per unit of $6.It plans on selling 40,000 units in the coming year.To realize a profit of $20,000,the firm must have a sales price per unit of at least

• A)$11.00.
• B)$11.50.
• C)$10.00.
• D)$10.50.

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Definitions:

Obesity

A medical condition characterized by an excessive accumulation of body fat, often defined as a Body Mass Index (BMI) of 30 or higher, associated with increased health risks.

Psychological

Pertaining to the mind or mental processes, including emotions, behaviors, and cognitive functions.

Physical

Relating to the body as opposed to the mind, or involving materials or forces that are tangible or visible.

Acute Hearing

Acute hearing refers to an exceptionally sharp ability to detect sounds, often significantly above the average human hearing range.