Author Question: You would like to start a food truck that sells gourmet popsicles. If your fixed costs are 500, ... (Read 129 times)

folubunmi · **on:** Jul 14, 2018

You would like to start a food truck that sells gourmet popsicles. If your fixed costs are 500, variable costs are 2.50, and you plan to sell each popsicle for 4, what is your breakeven point?
A) 200 popsicles
B) 334 popsicles
C) 125 popsicles
D) 77 popsicles
E) 422 popsicles

Question 2

An individual's desire to create a new business is referred to as:
A) the entrepreneurial spirit.
B) the desire for ownership.
C) self-determination.
D) self-evaluation.
E) the laissez-faire spirit.