If Selling Price Per Unit Is $30,variable Costs Per Unit

question 106

Multiple Choice

If selling price per unit is $30,variable costs per unit are $20,total fixed costs are $10 000,the tax rate is 30%,and the company sells 6000 units,net profit after tax is:

• A)$12 000.
• B)$40 000.
• C)$35 000.
• D)$14 000.

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Definitions:

Mainstream Economics

The body of economic thought considered orthodox or widely accepted, typically centered around the equilibrium between supply and demand.

Balancing Power

The act of equalizing influence or control among different groups or individuals, often in the context of labor relations.

Critical Industrial Relations

Analysis of employment relationships, focusing on power dynamics, conflict, and the regulatory framework.

Capitalistic System

An economic system where private individuals rather than the state own and operate the means of production and distribution of goods and services, driven by profit.