Effects of increasing fixed cost, Cost Accounting

Jones Company operates within a monopolistically competitive industry. The estimated demand for its products is given by the following inverse demand function

P = 1760 - 12Q

It finance department has estimated its total cost function as

TC = 24,000 + 5 Q - 15 Q2 + 0.333 Q3

a.  What is the effect of an increase in fixed costs of $5000 on equilibrium price and output?

 

 

Posted Date: 4/1/2013 5:53:00 AM | Location : United States







Related Discussions:- Effects of increasing fixed cost, Assignment Help, Ask Question on Effects of increasing fixed cost, Get Answer, Expert's Help, Effects of increasing fixed cost Discussions

Write discussion on Effects of increasing fixed cost
Your posts are moderated
Related Questions
What are the importance of cost classification

what will a $5,000,000 investment be worth at 3.5% interest compounded quarterly in 10 years?

What type of activity could a company engage in to improve their cash flows in their Cash Flows Statement? Is this ethical? Could borrowing money make the cash from operations be

responsibility of director of finance and logistics

31. Special Orders Maria’s Food Service provides meals that nonprofi t organizations distribute to handicapped and elderly people. Here is her forecasted income statement for April


A 20-year bond pays a coupon of 8 percent per year (coupon paid semi-annually). The bond has a par value of $1000. What will the bond sell for if the nominal YTM is: a) 10 per

Outdoors R Us owns several membership-based campground resorts throughout the Southwest. The company sells campground sites to new members, usually during a get-acquainted visit an

what is the importance and assumptions of application of marginal costing

what is the classification of cost & how it is done?