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A Firm Has Fixed Operating Costs of $10,000, the Sale

question 130

Multiple Choice

A firm has fixed operating costs of $10,000, the sale price per unit of its product is $25, and its variable cost per unit is $15.The firm's operating breakeven point in units is ________ and its breakeven point in dollars is ________.


Definitions:

Permafrost

Permanently frozen ground that occurs in high latitude regions of the Earth, consisting of soil, gravel, and sand usually bound together by ice.

Rock Fall

A mass-wasting process whereby large rocks and smaller pieces of bedrock detach and fall onto the ground.

Scarp

A steep slope or cliff, especially at the edge of a plateau or separating areas of land at different elevations.

Sliding Block

A term often used in physics and engineering to describe a block or mass that moves along a surface, typically used in the study of friction and motion.

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