If a Firm Can Sell a Product for $40each,then What

question 22

Multiple Choice

If a firm can sell a product for $40each,then what is the volume needed to breakeven if the fixed cost of production is $125,000 and labor and material costs are $30.per item?

• A)125,000
• B)12,500
• C)4,167
• D)3,250

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Definitions:

Missing Reagents

The term used in organic chemistry to denote absent chemical substances required to carry out a specific reaction or synthesis process.

Michael Acceptor

A compound that can accept an electron-rich nucleophile, often characterized by an electron-withdrawing group adjacent to a carbon-carbon double bond.

Michael Reaction

A conjugate 1,4-addition reaction of a carbon nucleophile to an α,β-unsaturated carbonyl compound.

α,β-unsaturated Carbonyl

An organic compound with a double bond between the alpha and beta carbon atoms adjacent to a carbonyl group, participating in various chemical reactions.