Trail Bikes, Inc. sells three Deluxe bikes for every seven Standard bikes. The Deluxe bike sells for $1,800 and has variable costs of $1,200. The Standard bike sells for $600 and has variable costs of $200.?

Required
(a) If Trail Bikes has fixed costs that total $1,702,000, how many bikes must be sold in order for the company tobreak even?
(b) How many of these bikes will be Deluxe bikes, and how many will be Standard bikes?

A cooperative,or co-op for short,is a single-owner firm.

The ____ competency requires the application of all six other foundation competencies in its implementation.

A) communication
B) across cultures
C) change
D) diversity

When the nations that constitute the Organization of Petroleum Exporting Countries (OPEC) restrict the supply of oil to increase their profits,the oil market:

A) achieves an efficient outcome because profits increase.
B) achieves an equitable outcome because the nations with oil resources receive the profits commensurate with that resource.
C) fails because there is no longer an efficient allocation of resources.
D) fails because there is no longer an equitable allocation of resources.

The electricians' union is a good example of:

A) exclusive unionism.
B) an industrial union.
C) how unions can simultaneously increase wage rates and employment by increasing the demand for labor.
D) inclusive unionism.

Pension plans own the majority of the outstanding sares supports a low-dividend policy.