Palmer's Gourmet Chocolates produces and sells assorted boxed chocolates. The unit selling price is $50, unit variable costs are $25, and total fixed costs are $2,000. How many boxes of chocolates must Palmer's Gourmet Chocolates sell to breakeven?

What is the usual goal of sales promotion (regardless of what form it takes)?

a. immediate purchase by consumers b. market share leadership c. return on investment d. economies of scale

Peter sold his home to Matt. Matt didn't record the grant deed, but moved into the house. Peter then sold the same property to Isabella, who reviewed the county recorder's records but did not look at the house. Peter gave Isabella a deed, which she recorded. Which of the following is true concerning title to the property?

a. Matt maintains title. b. Isabella now owns the property since she recorded her deed and Matt did not. c. Isabella has recourse against Matt for his failure to record. d. Matt and Isabella are co-owners of the property.