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If the Unit Sales Price Is $12,variable Costs Are $6

question 84

Multiple Choice

If the unit sales price is $12,variable costs are $6 per unit and fixed costs are $36,000 what are the sales in dollars necessary to break-even?


Definitions:

Complementary Resource

An asset or input that increases the utility or productivity of another asset or input when used in conjunction.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor of production, such as labor or capital.

Marginal Revenue Product Schedule

A schedule or curve that shows the additional revenue produced by one more unit of an input, such as labor or capital.

Marginal Physical Product

The addition to total output due to the employment of one more unit of a factor, other factors held constant.

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