- variable - if units double then costs double
- high low method
- y=a+bx
- q is the quantity
- fixed costs + controbution margin per unit = break even point
- fixed cost = contribution margin ratio = break - even point in dollars
- limited resource
- contribution margin per limited resource
Activity 2 Name: Aaron Rodriguez SID: 304949598 1. “I Can’t Decide!” Implement the decision-making steps to help fictional classmate Tran decide whether or not he should attempt to buy from a used car dealership a Mercedes-Benz, a car he’s dreamed of owning. He has enough money for a small down payment. Report on your decision and explain your reasoning. Car Price: $30,000 Down payment available: $2,000 Current Loan rates: 8% Monthly Income: ...
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