Lansbury Manufacturing produces hair brushes. The selling price is $20 per unit and the variable costs are $8 per brush. Fixed costs per month are $4800. If Lansbury sells 30 more units beyond breakeven how much does profit increase as a result?

A) $360
B) $600
C) $240
D) $1200

Which of the following is true for process layouts, but false for product-oriented layouts?

A) low in-process inventories
B) flexibility in equipment and labour assignments
C) low variety of products
D) high volume of output
E) often solved by assembly line balancing

In the Restin Company maintenance costs are a mixed cost. At the low level of activity (80 direct labor hours) maintenance costs are $600. At the high level of activity (200 direct labor hours) maintenance costs are $1100. Using the high-low method what is the variable maintenance cost per unit and the total fixed maintenance cost? $\begin{array}{cc}\text{ Variable Cost Per Unit }& \text{ Total Fixed Cost }\end{array}$
A) $\begin{array}{cccccccccc}& & \$4.17& & & & & & & \$267\end{array}$
B) $\begin{array}{cccccccccc}& & \$4.17& & & & & & & \$500\end{array}$
C) $\begin{array}{cccccccccc}& & \$5.50& & & & & & & \$220\end{array}$
D) $\begin{array}{cccccccccc}& & \$5.50& & & & & & & \$400\end{array}$

What effect does making concessions have on negotiations?

A) Concessions enable the parties to move towards the area of potential agreement.
B) Concessions symbolize each party's motivation to negotiate in good faith.
C) Concessions communicate to the other party the relative importance of negotiating items.
D) All of the above.
E) None of the above.

Photos are expected for social media résumés and other online formats where you are not actively submitting a résumé to an employer.

Price is constant to the individual firm selling in a purely competitive market because

A) the firm's demand curve is downsloping.
B) of product differentiation reinforced by extensive advertising.
C) each seller supplies a negligible fraction of total supply.
D) marginal costs are constant.