According to the book, which of the following is an example of an economic issue that a new business should consider?
A. Elasticity of demand
B. Case of entry/exit
C. Industry trends
D. All of these
Answer: D
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The margin of safety would be negative if a company('s)
a. was presently operating at a volume that is below the break-even point. b. present fixed costs were less than its contribution margin. c. variable costs exceeded its fixed costs. d. degree of operating leverage is greater than 100.
What are the core qualities for leadership the U.S. federal government emphasizes?
What will be an ideal response?
Which group development stage is considered to have high loyalty and trust between members?
a. Adjourning b. Storming c. Norming d. Performing
A firm expects to sell 25,000 units of its product at $11 per unit and to incur variable costs per unit of $6. Total fixed costs are $70,000. The pretax net income is:
A. $90,000. B. $125,000. C. $55,000. D. $150,000. E. $380,000.