It the actual euro/dollar exchange rate on currency markets is €1.2/$, and a kilogram of wheat still costs $1 in the U.S. and €1.5 in France, Sam also knows that the price of a kilogram of wheat in France is ________

A capital expenditure is an outlay of funds invested only in fixed assets that is expected to produce benefits over a period of time less than one year

Indicate whether the statement is true or false

Each of the following would affect the break-even point except a change in the:

a. Variable cost per unit. b. Total fixed costs. c. Sales price per unit. d. Number of units sold.