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The fixed costs at Harley Motors are $1 million annually. The main product has revenue of $8.50 per unit and $4.25 variable cost. Determine the following.
a) Breakeven quantity per year.
b) Annual profit if 200,000 units are sold and in 350,000 units are sold. Plot total revenue and costs at these levels of activity.
A firm that has total fixed costs of $40,000 sells its output for $250 per unit and has an average variable cost of $150. If the firm's cost and revenue curves are linear, how much output must the firm product to break even?
Evaluate the money multiplier? The central bank decides to increase the money supply (M1) by $200 million through an open market operation. How much should it buy in bonds?
Econ 301 Assignment, Find at least three other variables that may affect the return of equity of your choice
If the total cost of producing 20 units of output is $1000 and the average variable cost is $35, what is the firm's average fixed cost at that level of output?
Two partners who owns IT Business Solutions, a company supplying specialist software, operate out of an office in Fourways, Johannesburg but have discovered a vacant office building close to Sandton City.
Explain what happens to price and quantity of milk when the following events take place: For each and every event, specify how it effects either demand, quantity demanded, supply, or quantity demanded. It is also important to demonstrate how the ch..
What is the profit-maximizing price of carpets? What is the maximum amount of profit that the firm can earn selling carpets?
How would government react to sudden, large changes in the price of a key commodity, such as gasoline, electricity, or prices on stocks on the New York Stock Exchange?
How does an increase in the price of widgets affect the: And describe the effects in detail?
Prepare your slides as soon as you have a good final draft. Preparing the slides will help you see any weaknesses in your paper.
You know from data gathered on the widget market that market demand has recently increased and market supply has recently decreased. As manager of the facility, what decisions should you make regarding production levels and pricing for your widget..
Estimate the demand function
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