Sagot :
The company should sell a total of 44,200 units in order to earn an income of $45,000
What is income?
Income is the spending and saving opportunity acquired by an entity during a given time period, which is usually stated in monetary terms. Income is difficult to describe theoretically, as definitions vary across sectors.
Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.
Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals normally earn money through wages or salaries, whereas corporations make money by selling goods or services for more than their cost of production.
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