Variable Cost for Light

question 65

Multiple Choice

Variable cost for Light.com's fluorescent tubes is $12.50, the tubes are sold over the internet to businesses and organizations for $20.00 each. Fixed costs are $7,500,000. What is the break-even quantity for the fluorescent tubes?

• A) 600,000
• B) 1,000,000
• C) 375,000
• D) 7,500,000

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Definitions:

Asch Situation

A psychological experiment by Solomon Asch that demonstrates the power of conformity in small groups, where individuals often agree with an incorrect majority opinion on a clear task.

Personalities

The combination of characteristics or qualities that form an individual's distinctive character or persona.

Decreasing Jury

Refers to the process or phenomenon of reducing the size of a jury or the number of jurors in legal proceedings.

Anticonformists

Individuals who actively resist conforming to group norms, expectations, or pressures, often seeking to maintain a sense of personal identity and independence.