Calculate the level of output per period

Assignment Help Macroeconomics
Reference no: EM131069611

A certain product may be manufactured by using two different methods of production. Using the first Method, fixed costs are £7,770,000 per period and variable costs are £208 per unit. Using the second method, fixed costs are £8,750,000 per period and variable costs are £180 per unit. Calculate the level of output per period for which the total costs are the same.

Reference no: EM131069611

Questions Cloud

Determinants of demand or supply : For each of the event listed here, identify which of the determinants of demand or supply are affected. Also indicate whether demand or supply increases or decreases. Then draw a diagram to show the effect on the price and quantity.
Discuss how tms can lead to more productive teams : Discuss how TMS can lead to more productive teams. How could Elijah and Elisha's relationship be seen as a metaphor for TMS?
Identifies the strengths and weaknesses of the procedures : A statement identifying methods for overcoming the kinds of problems you would expect as you collect the qualitative and quantitative data for this evaluation.
Describe the situation facing gm as a crisis : According to Rick Wagoner (GM's CEO), the company is in a crucial period in its 100-year history.1 In a CBS 60 Minutes interview in 2006, Steve Kroft described GM as a company "limping" along in the breakdown lane in need of a lot more than a mino..
Calculate the level of output per period : Using the second method, fixed costs are £8,750,000 per period and variable costs are £180 per unit. Calculate the level of output per period for which the total costs are the same.
Economic science-empirical data and economic history : Use some economic science, empirical data and economic history to better help Sebastian understand the veracity of this Facebook message.
Seek between career and family life : Describe the balance that you currently seek between career and family life. Do you believe that the mindset of corporate America is conducive to the type of work and family arrangement that would suit you? Explain the major reasons why or why not..
Characteristics of a ceramic composite under both static : See if linear elastic fracture mechanics provides valid characterization for the conditions of the experiments.
Decision-making process and the final decision : Discuss the major codes of ethics of the stakeholders involved in the issue and how these codes will affect the decision-making process and the final decision.

Reviews

Write a Review

Macroeconomics Questions & Answers

  How firms create and sustain competitive advantage

The concepts of demand elasticities, analysis of market structures, pricing, and barriers to entry. Discuss how this type of knowledge can provide a better understanding of how firms create and sustain competitive advantage. In your answer, make refe..

  Analyze the implications of interest rate changes

Submit a draft of the Macroeconomic Items section of the final project, along with your supporting explanations. Analyze the implications of interest rate changes on any of the calculations you performed. Be sure to substantiate your claims. Use any..

  Was the station owner an avowed profit maximizer

Even at these extreme prices, however, the station owner sold an average of 3,000 gallons per week, half of this at night. Despite catcalls, pickets, and even vandalism from angry motorists during the gasoline crisis, the owner "stuck by his pumps..

  Discuss the characteristics of consumer indifference curves

Discuss the characteristics of consumer indifference curves, the role of the consumption-opportunity constraint, and the budget constraint in indifference curve analysis.

  What was the percentage change in nominal gdp

What was the percentage change in Nominal GDP for the most recent quarter compared to the previous quarter? What was the percentage change in Real GDP for the two quarters?

  What would the cash flow diagram look like

If an alternative has monthly payments of $10,000 a month for three years with a purchase price of $75,000 at the end of year three, what would the cash flow diagram look like?

  Calculate the value of funds needed

An engineer considering for retirement decides that she wants to have income of $100,000 per year for 20 years with the first withdrawal starting 30 year from now.

  What is the price level

Suppose that this year's money supply is $500 billion, nominal GDP is 10 trillion and real GDP is $5 trillion.

  Can you ?nd data in any us government statistical sources

Can you even ?nd the data in any U.S. government statistical sources? For example, one would guess that the state of Louisiana ran large current account de?cits after it was devastated by Hurricane Katrina in 2005

  Calculate optimal monthly rental price

As manager of Citywide Racquet Club, you must estimate best price to charge for locker rentals. Assume that the (marginal) cost of providing lockers is 0.

  Should kermit purchase the new computer system

Kermit is considering purchasing a new computer system. The purchase price is $100,000. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payment..

  Explain why is it that increased productivity leads

Explain why is it that increased productivity leads people to take out more loans - which then leads to more growth.

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