Produces and sells a single product

Assignment Help Business Economics
Reference no: EM13898569

Holdt Inc. produces and sells a single product. The selling price of the product is $110.00 per unit and its variable cost is $70 per unit. The fixed expense is $160,000 per month. The break-even sales (units) are:

4,000

5,500

6,500

2,500

Reference no: EM13898569

Questions Cloud

Assume that exchange rates are floating : Describe how, if at all, each of the following developments affects income, the exchange rate, and net exports in an open economy with floating exchange rates: Suppose the government wishes to lower the exchange rate, ε, but not to change real output..
Is there any group of individuals or firms who are hurt : Many automotive dealerships, such as BMW, sell low mileage late model used cars (often cars that were initially leased for 1-3 years) with warranties on defects and repairs that offer more coverage for longer periods of time than the warranties on th..
What is the pv of production royalties if discount rate : A government is offering a 10 year contract for off-shore drilling rights. The highest bonus bid is $5 million dollars. However, another firm offers to $800,000 per year for 10 years in production royalties. What is the PV of the production royalties..
Use an example of a foreign currency : Use an example of a foreign currency and discuss how it has changed in price relative to the U.S. dollar over the last year. Discuss how exchange rates affect domestic economic activity. Include the supply and demand factors that moved the relative p..
Produces and sells a single product : Holdt Inc. produces and sells a single product. The selling price of the product is $110.00 per unit and its variable cost is $70 per unit. The fixed expense is $160,000 per month. The break-even sales (units) are:
Formulate the problem as an integer program : Formulate the following problem as an integer program: A set of n items are to be repaired in a factory. Item i takes time t_i to repair and requires W_i workers working continuously. It arrives at time a_i and it must be finished by time d_i. The pr..
What is eddies electronics profit : Eddie\'s Electronics sells laptop computers for $400. At this price, the store sells 325 laptops. Eddie\'s Electronics incurs a $343 cost for each laptop it sells. Assume that this is the store\'s only cost. Round your answers to the nearest dollars...
How much profit can daniel make if he maximizes profit : Daniel Dynamite runs a high end car wash called “Daniel’s Car Wash” … he’s not very creative. The car wash market is very competitive and Daniel has no control over the prices that he can charge. Concerned that he is leaving money on the table, Danie..
The problem of the commons is the absence of incentives : The problem of the commons is the absence of incentives to

Reviews

Write a Review

 

Business Economics Questions & Answers

  Proper balance between free market and government regulation

What do you believe is the proper balance between the free market and government regulation of industry? And why?

  Household cleaning products

Choose a product from the list. Name and describe the product category below. What types of products are included? Breakfast Cereal,,Dairy products, Footwear, Fruits and Vegetables (canned, pickled and dried) Household cleaning products, Household co..

  Q1 ibm should never sell its product for less than it

q1. ibm should never sell its product for less than it expenses to produce. if costs to produce is interpreted to mean

  What effect will this have on the firm optimal output

How much labor should the firm employ? What are its resulting output and profit? What effect will this have on the firm's optimal output? Explain.

  Uniform standard will not meet cost-effectiveness criterion

Assume that two power plants, Firm 1 and Firm 2, release arsenic in a small urban community that exceeds the emissions standard. To meet the standard, 40 units of SO2 must be abated in total. Prove that a uniform standard will not meet the cost-effec..

  Qgdp taxes di c i g cig1250 200 800 300 200 1500 200 1000

q.gdp taxes di c i g cig1250 200 800 300 200 1500 200 1000 300 200 1750 200 1200 300 200 2000 200 1400 300 200 2250 200

  Conduct research on the current state of social security

Conduct research on the current state of Social Security. Your 5 page paper should address the following: Explain the concept of Social Security as originally envisioned by President Roosevelt. Evaluate the viability of Social Security within the nex..

  Does such a strategy make sense

Consequently, the firms’ top accountants and financial manager argue that the firm should raise the price of the product 10 percent above its original target to help recoup some of these costs. Does such a strategy make sense? Explain carefully.

  The interest-only mortgage typically converts later

If the economy was experiencing a severe recession, which of the following combinations of monetary and fiscal policy actions would be most appropriate? Many years ago, the traditional mortgage loan structure specified. The "interest-only" mortgage t..

  What will be point also arc elasticity for the condition

If the market is made up of 100 individuals with demand curves identical to Mr. Smith's, Illustrate what will be the point also arc elasticity for the conditions specified in parts a also b

  What was the degree of elasticity for the newspaper

A newspaper recently lowered its price from $0.50 to $0.30. As it did, the number of newspapers it sold increased from 240,000 to 280,000. What was the degree of elasticity for the newspaper? Suppose that at a price of $55, 100 units were sold while ..

  If the total cost of producing two pounds of cheese

If the total cost of producing 2 pounds of cheese is $6 and the total cost of producing 4 pounds of cheese is $8, then:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd