Variable Cost for Light

question 22

Multiple Choice

Variable cost for Light.com's fluorescent tubes is $12.50, and 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:

Economic Inflation

The rate at which the general level of prices for goods and services is rising, leading to a decrease in the purchasing power of money.

Vietnam War

The Vietnam War was a prolonged conflict (1955-1975) between communist forces in North Vietnam and non-communist forces in South Vietnam, with significant involvement from the United States.

Deindustrialization

The process of social and economic change caused by the removal or reduction of industrial activity, especially in manufacturing sectors, in a region or country.

Blue-Collar Workers

Refers to employees who perform manual labor or skilled trades, often requiring physical work and sometimes specialized training.