Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

All of these
Compulsory saving
Forced saving
Consumer saving

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Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2712
2632
2890
2.59

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