Everything else equal, a firm can reduce its operating breakeven point by:
A. increasing its fixed costs.
B. decreasing the selling price of its product.
C. increasing its product's contribution margin.
D. increasing its variable cost per unit.
E. decreasing its earnings per share.
Answer: C
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Solve the equation. Round your answer to three decimal places.
x = 21
A. 4.392 B. -0.228 C. -4.392 D. -10.500
Find the quotient and simplify, if possible.
A. 28xy
B. 2x4y2
C. 4x2y
D. 2x2y
Find the expected value.Mr. Cameron is sponsoring an summer concert. He estimates that he will make $300,000 if it does not rain and make $60,000 if it does rain. The weather bureau predicts the chance of rain is 0.34 for the day of the concert. What are Mr. Cameron's expected concert earning?
A. $300,000 B. $360,000 C. $60,000 D. $218,400
Multiply and simplify.
? 
A. 
B. 
C. 
D. 