The profit equation is:
A. (Unit price - Unit variable costs - Total fixed costs) × Q = Profit
B. (Unit price × Q) - (Unit variable costs × Q) + Total fixed costs = Profit
C. (Unit price × Q) + (Unit variable costs × Q) + Total fixed costs = Profit
D. (Unit price × Q) - (Unit variable costs × Q) - Total fixed costs = Profit
Answer: D
You might also like to view...
The macroscheduling decision calls for allocating advertising expenditures within a short period to obtain maximum impact
Indicate whether the statement is true or false
Expense items that have had more processing than raw materials and become part of a finished product are component parts and materials.
Answer the following statement true (T) or false (F)
Fish sperm is composed mostly of DNA. If we tested a sample chemically, we should find relatively high amounts of
A. nitrogenous bases, sugar, and phosphate groups. B. triglycerides and ATP. C. amino acids and unsaturated fats. D. globular proteins and stored fats. E. phospholipids and steroids.
Because of potential difficulties when seeking advice from experts, it is best to use interviews with experts when conducting marketing research ________
A) for industrial firms B) for products of a technical nature C) in situations where little information is available from other sources D) all of the above