What assumption does breakeven analysis make that limits its overall usefulness?
A. It focuses on how to achieve a price objective.
B. It assumes a company wants to gain a certain market share.
C. It relies on demand for a product being inelastic.
D. It focuses only on competitive factors and not costs.
E. It assumes demand is elastic for the product.
Answer: C
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Informative speeches explain, instruct, or report
Indicate whether this statement is true or false.
Xavier and Yolanda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%, salary allowances of $34,000 and $26,000 respectively, and the remainder equally. How much of the net income of $100,000 is allocated to Yolanda?
A) $49,000 B) $51,000 C) $50,000 D) $56,000
Which of the following is a social factor that can influence consumer buying decisions?
a. A social class b. Gender c. A reference group d. Perception
Which of the following statements is TRUE about cable lines?
A. They provide faster download speeds than DSL modems. B. They offer consistent performance irrespective of the number of users sending and receiving data. C. They rely on high-capacity optical fiber cables and use their own protocols for data transmission. D. They provide faster download speeds than OC128 lines. E. They provide high-speed data transmission using telephone cables.