The Selling Price of a Widget Is $15 and the Fixed

question 33

Multiple Choice

The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the net income on revenue of $10,000 per month.

• A) $4,000
• B) $5,200
• C) $1,200
• D) ($800) Loss
• E) ($1,200) Loss

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Definitions:

E-Commerce

The buying and selling of goods and services over the internet.

Reflective Listening

A communication strategy where the listener repeats back what is said to them, demonstrating understanding and validating the speaker’s message.

Interpersonal Communication

The transfer of information, emotions, and meanings among two or more individuals using either spoken or unspoken techniques.

Reflective Listening

A communication strategy focusing on understanding and reflecting back the speaker's message to confirm understanding.