How contribution is calculated in break-even analysis?

• A.Fixed costs divided by variable costs
• B.Variable costs subtracted from price
• C.Price minus fixed costs
• D.Variable costs subtracted from fixed costs

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Jane is planning for a forthcoming negotiation with a key supplier. She has learned what are important to the supplier and what are important to her company from previous contracts between them. In order to avoid negotiation deadlocks, she has set up several concession plans. But Jane has little experience in dealing with suppliers and doesn't know when to trade these concessions. When is the best time in a negotiation to trade concessions?

• A.In the testing phase
• B.In the proposing phase
• C.At bargaining stage
• D.At opening stage

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Ma Bell was the sole provider of landline telephoneservice to most of the US in 1980s. This is an example of...?

• A.Monopsony
• B.Monopoly
• C.Monopolistic competition
• D.Perfect competition

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