Plastic cups are made by forming of raw plastic. The price of plastic is 4.500 UM per kg and the price of plastic cups is 13 OMR per 1000 cups. Plant requires differ ent machine which cost about 50,000 OMR, but the machines has to be imported after paying 25% as customs duty. On a graph paper, draw a freehand graph and represent all important parameters Due to increase in plastic price, the break-even quantity has increased by 10% Find out the new plastic price?

Plastic cups are made by forming of raw plastic. The price of plastic is 4.500 UM per kg and the price of plastic cups is 13 OMR per 1000 cups. Plant requires differ ent machine which cost about 50,000 OMR, but the machines has to be imported after paying 25% as customs duty. On a graph paper, draw a freehand graph and represent all important parameters Due to increase in plastic price, the break-even quantity has increased by 10% Find out the new plastic price?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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