Multiple Choice
Assume that you can sell a new product at $5.00 per unit. Variable costs are $3.00 per unit, and fixed costs are $20,000. What is the breakeven point in sales units?
A) 5,000
B) 7,500
C) 10,000
D) 12,500
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q101: Venture character and reputation can be assets
Q102: Technological change may be the most important
Q103: Which of the following is considered to
Q104: Nine principles of entrepreneurial finance are identified
Q105: What is the number of principles of
Q106: An entrepreneur is an individual who thinks,
Q108: Fads are large societal, demographic, or technological
Q109: Where individuals accept short-term job assignments instead
Q110: Which stage of a venture's life cycle
Q111: In Chapter 1, five megatrend categories are