Question #1: Explain in detail to a non-accounting person
how fixed and variable costs per unit respond to volume increases?
Be detailed and give an example
Question #2: The owner of a business is generally only
interested in making money not breaking even. Explain the value of
break-even analysis - in what ways can a company benefit from using
Break-Even analysis?
Question #3: Assume P's Bakery Shop has fixed costs per
month of $3,600 and variable costs are 55% of...
Explain what the non-price determinants of demand and supply are
and then discuss in detail the critical role that price plays in
ensuring that markets reach equilibrium. Explain how the Covid-19
crisis impacted the market for hand sanitizer, toilet paper, and
canned goods and how would the market normally respond to these
changes. What could be potential negative consequences should the
government have mandated rationing of these resources?
Example of an non-tariff barriers cases.
-Describe in detail how the event occurred, how it was
handled, and how it affected both parties.
-Basic points: time, case bodies, dispute issue,
conclusion.