To find the number of units that need to be sold in order to breakeven or generate a target profit, the formula used is a. (fixed expenses + operating income) / contribution margin ratio. b. (fixed expenses minus operating income) / contribution margin per unit. c. (fixed expenses + operating income) / contribution margin per unit. d. (fixed expenses minus operating income) / contribution margin ratio.

Which term refers to the cost that motivates an economic decision

Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner