If the Fixed Costs of Manufacturing a New Cell Phone

question 87

Multiple Choice

If the fixed costs of manufacturing a new cell phone are $10,000,the sales price is $60,and variable cost per unit is $20,the break-even point is

• A) 100 units.
• B) 4,000 units.
• C) 20 units.
• D) 1,000 units.
• E) 250 units.

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Definitions:

Economics

The social science that deals with the production, distribution, and consumption of goods and services, and the theory and management of economies or economic systems.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Yielding Strategy

A negotiation tactic where one party gives in to the demands or viewpoints of the other to reach an agreement or resolve a conflict.

Attain Outcomes

Attaining outcomes in negotiations involves achieving desired results or objectives that meet the interests or needs of the parties involved.