If the Unit Sales Price Is $7 and Variable Costs

question 135

Multiple Choice

If the unit sales price is $7 and variable costs are $3, how many units have to be sold to earn a profit of $3,600 if fixed costs equal $5,000?

• A) 900.
• B) 1,250.
• C) 1,500.
• D) 2,150.

Recognize and describe the layers of the Earth, including the crust, mantle, outer core, and inner core.

Comprehend the concepts of lithosphere and asthenosphere and their differences in terms of rigidity and flow.

Identify processes that lead to variations in crustal thickness and implications for regional elevation.

Differentiate between internal and external sources of heat within the Earth.

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Definitions:

MRP

Material Requirements Planning (MRP) is a system for planning production, scheduling activities, and controlling inventory used in overseeing manufacturing operations.

MPP

Marginal Physical Product, the additional output resulting from the use of one more unit of a variable input, holding all other inputs constant.

MRP

Marginal Revenue Product; the additional revenue generated from employing one more unit of a resource or factor of production.

Substitution Effect

The change in demand for a good or service that occurs when its price increases or decreases, leading consumers to substitute it with other goods or services that are relatively more or less expensive.