The Following Graphical Breakeven Analysis Is for Nicronea's New Line

question 63

Short Answer

The following graphical breakeven analysis is for Nicronea's new line of desktop computers. Questions related to the graph should be answered in the spaces provided.

a. Production at point J would be at a __________.
b. The area depicting profitable operations is __________.
c. The fixed costs area is within letters __________.
d. The total revenue area is within letters ___________.
e. The breakeven point for sales units is at letter __________.
f. Letter A represents __________.
g. The line H-B represents what C-V-P element? ___________.
h. Total cost of operations is reflected in line __________.

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Definitions:

Factors Of Production

The inputs used in the production of goods or services in the attempt to make an economic profit, including land, labor, capital, and entrepreneurship.

Input

Resources used in the production process, including labor, capital, materials, and energy.

Output

The final product or service produced from the input resources in a production process.

Function

In mathematics, a relation between a set of inputs and a set of permissible outputs with the property that each input is related to exactly one output.