Green co. produces only product z. as part of the annual budgeting, green is considering whether to produce a new product. green's cfo obtained information from various departments within the company. the plant manager expected the following costs would be incurred in producing the new product: direct materials $1 per unit direct labor $100 per hour fixed cost $55,000 the marketing manager decided to spend $2 per unit for the first 5,000 items sold with no additional costs after that. the marketing manager confirmed that the current market price for the new product was $4,000 per 1,000 units. the plant manager told the cfo that the employees would be able to produce 500 units per hour. approximately how many units would green have to sell to break even?

Which of the following actions is most likely to result in a decrease in the money supply? a. the required reserve ratio for banks is decreased. b. the discount rate on overnight loans is lowered. c. the federal reserve bank buys treasury bonds. d. the government sells a new batch of treasury bonds. 2b2t

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

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