Q1.b. In response to a request from your immediate supervisor, you have prepared a CVP graph portraying the cost and revenue characteristics of your company's product and operations. Explain how the lines on the graph and the break-even points would change if (1) the selling price per unit decrease, (2) fixed cost increased throughout the entire range of activity portrayed on the graph, and (3) variable cost per unit increased. $150.000 $125,000 $100,000 $75.000 $50.000 $25,000 50 0 sotal sales Step 2 total expensel Step ed expense 100 200 300 400 500 600 700 800 Volume in speakers sold

Q1.b. In response to a request from your immediate supervisor, you have prepared a CVP graph portraying the cost and revenue characteristics of your company's product and operations. Explain how the lines on the graph and the break-even points would change if (1) the selling price per unit decrease, (2) fixed cost increased throughout the entire range of activity portrayed on the graph, and (3) variable cost per unit increased. $150.000 $125,000 $100,000 $75.000 $50.000 $25,000 50 0 sotal sales Step 2 total expensel Step ed expense 100 200 300 400 500 600 700 800 Volume in speakers sold

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A firm has the following total revenue and total cost schedules: TR = $3Q. TC = $4,000 + $1.7Q. What is the break-even level of output? Round your answer to the nearest whole number. units What is the level of profits at sales of 4,500 units? Round your answer to the nearest dollar. $ As the result of a major technological breakthrough, the total cost schedule is changed to: TC = $6,500 + $0.5Q. What is the break-even level of output? Round your answer to the nearest whole number. units What is the level of profits at sales of 4,500 units? Round your answer to the nearest dollar. $
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Marginal Profit Yaster Breakfast Supplies is planning to manufacture and market a new toaster. After conducting extensive market surveys, the research department provides the following estimates: • a weekly demand of 313 at a price of $13 per toaster • a weekly demand of 202 at a price of $17 per toaster The financial department estimates that weekly fixed costs will be $1,379 and variable costs (cost per unit) will be $4. Assume: • the relationship between price and demand is linear the cost function in linear Use your models to predict the marginal profit when Yaster is producing and selling 261 toasters per week. Round to the nearest cent. $ per toaster
Please show calculations with formula.
If the Marginal Cost for a product is found to be MC= 8x+60 , and the Marginal Revenue is given as MR= 1200 and the cost of 8 units is found to be $1600, what are: the Total Costs? the Fixed Costs? the Total Profit? the production level, x, that yields Maximum Profit? the corresponding Maximum Profit?
Pritta Consulting is a firm of consultants which operates in Argentina. An analysis of its monthly operating costs indicates that it has average variable costs given by: AVC=952 -0.048Q where AVC is in $ and Q is the number of services provided. Fixed costs are estimated at 36.000 $ per month. Pritta Consulting charges a fee of 800 $ for each service, and 20 per cent of this is paid to its consultants. Calculate the volume of services that must be sold to make a profit of 60.000 $ per month.
Please Show Each and Every Working VERY CLEARLY. There are NO multi-questions here, only just multi-PART questions which are CONNECTED to each other, and hence, Please do NOT Leave any, Thank You! marginal cost
What happens if the ATC is below the MR line? Draw what this would look like. What happens if the ATC is above the MR line? Draw what this would look like. Please give me full explanation and draw and accurate answer otherwise i give multiple downvote
Global Corp. sells its output at the market price of $13 per unit. Each plant has the costs shown below Units of Output Total Cost ($) 0 8 1 11 2 17 3 26 4 38 5 53 6 71 7 92 What is the breakeven quantity? Enter 0 if total profit is always negative. Please specify your answer as an integer. What is the breakeven revenue? Enter 0 if total profit is always negative. Please specify your answer as an integer. What is the profit at each plant when operating at its optimal output level? Please specify your answer as an integer. How many units of output should each plant produce? Please specify your answer as an integer.
Assume demand is given as P = $2500-$25Q. The firm has a fixed cost of $3000 and variable costs of $2000 +$1.50 2A. Write out the firm's total revenue equation. B. Determine the Qvalue(s) where TR = 0. Determine the Q value where TR is maximum. C. Write out the firm's total cost function. D. Determine the firm's breakeven point(s) algebraically
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