LZBY Inc. produces lazy-boys. LZBY has fixed costs of $81,000.00 and each lazy-boy sells for $92. The production cost for each lazy-boy is $56. What is the profit (or loss) when LZBY produces and sells 4,500 lazy-boys?

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.