The components of break-even analysis are:

A) cost and profit.
B) volume and cost.
C) volume, cost and profit.
D) volume and profit.

Answer: C

Business

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A toaster manufacturer has invested $1 million in the business and wants to set a price to earn a 20 percent return on investment, specifically $200,000. What pricing method should it choose?

What will be an ideal response?

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Joseph, a student of Columbia University, found that many of his classmates had purchased an iPad tablet from Apple

Several months after the product's launch, realizing that the iPad was widely considered to be useful and that many students in the United States had rated it highly, Joseph also decided to purchase an iPad. Which of the following is the adopter group to which Joseph belongs? A) early adopter B) innovator C) late majority D) laggard E) early majority

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