The break-even quantity is
a. Fixed Costs/Price
b. Fixed Costs/Marginal Cost
c. Fixed Costs/(Price – Marginal Costs)
d. Contribution Margin/Fixed Costs
c
Economics
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Along a straight line, the value of y is always equal to the value of x. The slope of the line is
A) -1. B) 0. C) 1. D) infinite.
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The balance sheet of a solvent bank will show
A. assets = liabilities ? net worth. B. assets = liabilities + net worth. C. net worth = assets + liabilities. D. liabilities = assets + net worth.
Economics