(1) What means by Quantitative Analysis and how to conduct the quantitative analysis?(2 points)(2) Concerning a break-even problem,suppose the fixed cost is $4000,the price per unit is $40,variable cost per unit is $20,what is the break-even number p
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(1) What means by Quantitative Analysis and how to conduct the quantitative analysis?(2 points)
(2) Concerning a break-even problem,suppose the fixed cost is $4000,the price per unit is $40,variable cost per unit is $20,what is the break-even number point of units and the break-even dollars point of the production?(2 points)
Solution:
(2) 200
4000+20X (total cost)=40X (your revenue at break-even point)
X=200 Break-even point means where your total revenue equals your total cost,and you have 0 profit
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