If 4,000 units are sold, the total variable cost is closest to:

A) $54,400
B) $48,800
C) $57,600
D) $67,600

Which of the following is not a reason for the issuance of long-term liabilities?

A) Debt financing offers an income tax advantage.
B) Ownership interest is diluted.
C) Debt may be the only available source of funds.
D) Debt financing may have a lower cost.

Breakeven is the level of sales at which revenue covers only the firm's fixed costs.

If MU a/ Pₐ = 100/$35 = MU b/ Pᵦ = 300/? = MU c/ P_c = 400/?, the prices of products B and C in consumer equilibrium

A) cannot be determined from the information given.
B) are $105 and $140, respectively.
C) are $105 and $175, respectively.
D) are $100 and $200, respectively.

Someone who purchases stolen goods,knowingly or unknowingly,has implied title.

Which of the following best describes an editorial message?

A) Expression of an opinion or interpretation along with the factual information.
B) Paid consumer content.
C) Planted by organizations to masquerade as original material that an actual consumer posted.
D) The proliferation of untruths and exaggerations.
E) A direct request in a marketing message for a specific behavior.