Maize Plastics Manufactures and Sells 50 Bottles Per Day

question 108

Multiple Choice

Maize Plastics manufactures and sells 50 bottles per day.Fixed costs are $30,000 and the variable costs for manufacturing 50 bottles are $10,000.Each bottle is sold for $1,000.How would the daily profit be affected if the daily volume of sales drop by 10%?

• A) profits are reduced by $4,000
• B) profits are reduced by $1,000
• C) profits are reduced by $5,000
• D) profits are reduced by $6,000

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Definitions:

Agreeableness

A personality trait characterized by attributes like being kind, sympathetic, cooperative, warm, and considerate towards others.

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People are more likely to view somebody as a leader and to evaluate them as a more effective leader when they possess prototypical characteristics of leadership.

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