If a Firm Has Fixed Costs of $30,000, Variable Cost

question 83

Multiple Choice

If a firm has fixed costs of $30,000, variable cost per unit of $.75, and a breakeven point of 5,000 units, the price is:

• A) $2.50
• B) $6.75
• C) $4.00
• D) $4.50

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Definitions:

Sexual Attraction

The feeling of finding someone sexually appealing or desiring someone sexually.

Lesbian

A woman who is emotionally, romantically, and/or sexually attracted to other women.

Gay

A term describing individuals who are romantically or sexually attracted to people of the same sex.

Gender Identity

A person's internal sense of being male, female, both, neither, or somewhere along the gender spectrum, which may or may not correspond to biological sex.