At what volume of sales is revenue maximum for this product

Assignment Help Microeconomics
Reference no: EM13456086

A company makes widgets and has a fixed cost of $45,000 per month and a variable cost of $45 per widget. If the selling price per widget is p=$160 - 0.4D ,

a) At what volume of sales is the revenue maximum for this product and how much is this revenue?

b) At what volume is the maximum profit per month and how much is this profit?

c) At what volumes do breakeven occur?

Reference no: EM13456086

Questions Cloud

Discuss in detail the reigns of frederick the great and : choose one of the following topics and write a 2 page essay around 400 words responding to the question poseddiscuss in
List the fundamental categories of earths chemical : develop a 10- to 12-slide microsoftreg powerpointreg presentation. address the following in your presentationlist the
At what volume is maximum profit per month and how much is : a company makes widgets and has a fixed cost of 45000 per month and a variable cost of 45 per widget. if the selling
What are the three most important steps in the negotiation : what are the stages of negotiation? what are the three most important steps in the negotiation planning process and
At what volume of sales is revenue maximum for this product : a company makes widgets and has a fixed cost of 45000 per month and a variable cost of 45 per widget. if the selling
What is integrative bargaining what are the key differences : what is integrative bargaining? what are the key differences between integrative bargaining and distributive
Building on your earlier experience with leadership : building on your earlier experience with leadership competencies and emotional intelligence leaders must also be aware
Besides the right to vote what other concerns are presented : compare and contrast the comments of professor kuhlman and professor woodworth-ney.nbsp do you find any similarities
What is a distribution channel what is the relationship : 1.what is a distribution channel? what is the relationship between channels of distribution and logistics? how does

Reviews

Write a Review

Microeconomics Questions & Answers

  1 production possibilities frontiera sketch a production

1. production possibilities frontier.a sketch a production possibilities curve not a straight line with consumer goods

  Give illustration of each factor using nafta economies

What three factors determine whether two economics with separate fiscal and monetary authorities should form a currency union Give illustration of each factor using NAFTA economies.

  A company is contemplating the purchase installation and

a company is contemplating the purchase installation and operation of a cogeneration system to offset the cost of

  Short term frame impact on long term frame

The SEC regulations require u.s. corporations to publish operating results on a quarterly basis. How does this short term time frame impact long term profit maximization?

  1given the demand curvep 20-05qwhere p is the dollar price

1.given the demand curvep 20-0.5qwhere p is the dollar price per unit and q is the number of units sold per month and

  Is the effective interest rate on the loan really 20 percent

A lender made the following statement to a borrower: “You are borrowing $1,000, which is to be repaid in twelve monthly installments of $100 each. Your total interest charge is $200

  Describe the impact of occupational segregation

Use a demand and supply model to describe the impact of occupational segregation or "crowding" on the relative wage rates and earnings of men & women.

  Applied math on estimating price elasticity of demand

The marketing team for a restaurant wants to estimate the price elasticity of demand coefficient for its steak dinner. It priced its dinner at different price points in local restaurants to see how many would be sold at different prices.

  Compute the coefficient of price elasticity

What is the formula for measuring the price elasticity of supply? Suppose the price of apples goes up from $20 to $22 a box. In direct response, Goldsboro Farms supplies 1200 boxes of apples instead of 1000 boxes

  In the market of haircuts the demand function is p100-05qd

in the market of haircuts the demand function is p100-0.5qd and the supply function is p10qs where q represents

  Given

given equationtc18q3-1.5q211.5qp37-0.01qdemandp10.01qsupplyquestions1. what would be the long run price and quantity

  Describe many dimensions of shareholder-principal conflict

explain several dimensions of the shareholder-principal conflict with manageragents known as the principal-agent

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