Caleb’s company has made some changes to its variable and fixed costs over the past few months. He now wants to know how these changes impact his overall risk. Caleb’s company currently has sales of $650,000. Its break-even point has been calculated as $400,000, and the fixed costs for the company are $90,000. What is the margin of safety ratio for Caleb’s company?

answer: e

explanation:

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; because many corporate watch groups will discover and publicize unethical behavior by suppliers, link it to the american company, and harm its reputation;

answer; a set of mutual funds with similar risk characteristics to your mutual fund;