Break-Even Analysis Is Useful Because It Allows Managers to

question 21

Multiple Choice

Break-even analysis is useful because it allows managers to

• A)quantify the relationship between price elasticity and product elasticity.
• B)reposition products based on their break-even positioning revenue.
• C)estimate the quantity they will need to sell at a given price to break even.
• D)determine the relationship between price and quantity demanded.
• E)analyze the different elements contributing to their variable costs.

Comprehend the fiscal years of the federal government and the general timeline of U.S. economic policy development.

Identify the roles and responsibilities of the government in a modern free enterprise economy.

Understand the sources of federal and local government revenue and types of expenditures.

Differentiate between direct and indirect taxes and their implications on taxpayers.