Keene, inc. produces flash drives for computers, which it sells for $20 each. each flash drive costs $6 of variable costs to make. during march, 1,000 drives were sold. fixed costs for march were $5.60 per unit for a total of $5,600 for the month. if variable costs decrease by 10%, what happens to the break-even level of units per month for keene?
a) it decreases about 40 units.
b) it is 10% higher than the original break-even point.
c) it depends on the number of units the company expects to produce and sell.
d) it decreases about 16 units.

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided