A Product Sells for $30 Per Unit and Has Variable

question 74

Multiple Choice

A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit and fixed costs increase to $900,000, and the selling price does not change, break-even point in units would:

• A) Increase by 20,000.
• B) Equal 6,000.
• C) Increase by 6,000.
• D) Decrease by 20,000.
• E) Not change.

Recognize the benefits and costs associated with sexual reproduction.

Understand the role of genetic diversity and fitness in the context of sexual reproduction.

Grasp the hypotheses explaining certain mating preferences and strategies (good genes, sensory bias, arbitrary choice).

Understand the mechanisms and importance of honest signaling in sexual selection.

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Definitions:

Social Security

A government program that provides monetary assistance to people with an inadequate or no income, especially the elderly, disabled, and unemployed.

Southern Veto

denotes the historical power of southern states in the U.S. to block or influence national legislation, particularly related to civil rights and other issues pertinent to the region.

New Deal Programs

A series of projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s aimed at recovering from the Great Depression.

Congress

The federal legislative institution in the United States, made up of two components: the Senate and the House of Representatives.