Product X Sells for $20 Per Unit and Has Variable

question 107

Multiple Choice

Product X sells for $20 per unit and has variable costs of $10 per unit.If the fixed costs amount to $45,000,the breakeven point will be:

• A)4,500 units.
• B)1,500 units.
• C)2,250 units.
• D)6,225 units.

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Definitions:

Black Muslims

Members of the Nation of Islam, an African American political and religious movement, founded in Detroit, Michigan, in the 1930s.

Black Power

A movement among African Americans focusing on racial pride, economic empowerment, and the establishment of political and cultural institutions.

Stokely Carmichael

was a prominent figure in the American civil rights movement, known for his leadership in the Student Nonviolent Coordinating Committee (SNCC) and for popularizing the term "Black Power."

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refers to a set of government policies and programs, initiated by President Lyndon B. Johnson in the 1960s, aimed at reducing poverty in the United States.