Answer the Following Questions Using the Information Below

question 192

Multiple Choice

Answer the following questions using the information below:
Franscioso Company sells several products. Information of average revenue and costs is as follows:

-The number of units that Franscioso must sell each year to break even is:

• A)1,000 units
• B)4,000 units
• C)5,500 units
• D)indeterminable

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Definitions:

Alter

To change, modify, or adjust.

Quantity Supplied

The capacity of goods or services that producers are inclined and qualified to vend at an identified price for a designated span of time.

Price Rises

An increase in the cost of goods or services over time, often referred to as inflation.

Increase in Supply

A situation where the quantity of a product that producers are willing and able to sell at various prices rises, often due to factors like technological advancements or decreased production costs.