When venture capitalists scrutinize a new opportunity, they typically evaluate the market, management, and technology in that order

Which of the following statements about the break-even point is true?

A) It is used to determine how many more units need to be sold to increase market share by a specific amount. B) It is a technique used to calculate fixed costs. C) It determines the amount of retained earnings a company will have during an accounting period. D) It is a technique marketers use to examine the relationship between supply and demand. E) It is calculated using contribution per unit costs and total fixed costs.

A merchant is a person who:

A) By his or her skill or occupation, holds himself or herself out as having special skill or knowledge regarding the goods in the transaction. B) Deals in goods of the kind involved in the transaction. C) None of the above would qualify a person as a merchant. D) A or B would qualify a person as a merchant.