Answer:
This is an example of guerilla marketing.
Explanation:
In this situation, we can be certain that price will <span>fall in the short run. All, some, or no firms will shut down, and some of them will exit the industry. Price will then rise to reach the new long-run equilibrium.
When demand increases, more and more companies will try to lower the price of the products so they are favored among their competitors. Because of the harsh competition, some firms will not receive enough sales and will opt out to close down their business but some will survive and thrive.</span>
Answer:
Break-even point (in units) 1300 units
Break-even point (in dollar) $650,000
Explanation:
The break-even point is the level of sales that is required to cover all fixed costs of the firm and the break-even point in units can be computed thus:
break-even point in units=fixed costs/contribution margin per unit
fixed costs=$260,000
contribution margin per unit=selling price-variable cost
contribution margin per unit=$500-$300
contribution margin per unit=$200
break-even point in units=$260,000/$200
break-even point in units=1,300 units
units Break-even point (in dollar) $=break-even point in units*selling price
break-even point in units=1300*$500
break-even point in units=$650,000
B ) it should provide the name and address of your business
A line of credit is similar to a credit card in that it is a flexible borrowing solution. You can draw on this revolving loan simply by writing a check. you are also able to borrow any part of your credit line again once you have paid it off. <span />
