The following data are available for product number CK74, manufactured and sold by Ruby Corporation: Maximum capacity with present facilities 12,000 units Total fixed cost (per period) $ 1,047,800 Variable cost per unit $ 126.00 Sales price per unit $ 188.00 The number of units of CK74 that Ruby must sell to break- even is: Multiple Choice 5,905. 5,573. 8,316. 16,900.

Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.