Forever Quilting Is a Small Company That Makes Quilting Kits

question 186

Multiple Choice

Forever Quilting is a small company that makes quilting kits priced at $120. The costs of the materials that go into each kit total $45. It costs $5 in labor to assemble a kit. The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising, and $4,500 for the monthly salary of its owner. Forever Quilting's unit variable cost for its kits is

• A)$5.
• B)$45.
• C)$50.
• D)$120.
• E)$170.

Know the eccentricities of special and limited jurisdiction courts and their roles in the judicial system.

Understand the significance of the amount in controversy in determining federal subject matter jurisdiction.

Grasp the concept of personal jurisdiction and how it is established in different contexts.

Acknowledge the conditions under which equitable remedies are available in legal disputes.

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Definitions:

Biodiversity Hotspot

A region with a high amount of biological diversity that faces significant threats from human activities.

In Situ Conservation

The protection of species in their natural habitats to preserve genetic diversity and ecosystem integrity.

Ex Situ Conservation

The practice of preserving endangered species outside their natural habitat by means of captive breeding, botanical gardens, and seed banks.

In Situ Conservation

The practice of conserving genetic resources in their natural habitats by protecting the ecosystems in which they occur.