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1) the automobile supply company has a small plant that produces speedometers exclusively. its annual fixed costs are $30,000 and its variable cost are $ 10/unit. it can sell a speedometer for $ 25. how many speedometers must the company sell to break even?
2) what is the break-even value?
3) the company sold 3,000 units last year. what was its profit?
4) Next year's fixed cost are expected to rise to $37,500. What will be the break even quantity?
5) If the company will sell the number of units obtained in the previous questions (number 11) and wants to maintain the same profit as last year, what its price need to be?
A policy may yield a Pareto superior outcome so long as the gains to those who benefit are greater than the losses to those who are worse off.
What will you put on sale in your district during the Valentine's Day week? You must provide your reasons and
suppose that the equation for autonomous planned spending ap ap 6200-200r and the value of the multiplier k is 2.5.a.
1. if an economist says the higher the price of oranges the fewer oranges individuals will buy ceteris paribus this
the following production table provides estimates of the maximum amounts of output possible with different combinations
year 1 year 2quantity price quantity priceoranges 100 5 150 5pears 100 3 75 4a. what is the growth rate of
You put $20000 on deposit on your thirtieth birthday at 5 percent compounded annually. On your fortieth birthday, the account begins earning 6 percent. Then on your fiftieth birthday, it begins earning 7 percent.
explain the concept of deadweight loss. as well as answer the questions why does taxing a product lead to deadweight
Company A has fixed expenses of 15000 per year and each unit of product has a $0.20 variable cost. company B has fixed expenses of 5000 per year and can produce the same product at a $0.50 variable cost. At what number of units of annual production w..
What is the firm's marginal cost?
The bank issues a letter of credit to one of its corporate clients. What is the immediate impact on the equity ratio? What is the immediate impact on the equity ratio desired by the bank's management?
Having a little trouble setting this problem up. Would appreciate the detailed set up and solution. A production function has 2 inputs - labor and capital. Both are perfect substitutes. Existing technology permits 1 machine to do work of 3 workers..
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