Eng. Eco. Q1 Gamma Associates has the following details: Fixed cost = Rs. 20,00,000 Variable cost per unit = Rs. 100 Selling price per unit = Rs. 200 Find (a) The break-even sales quantity
Q: oblem 1. Based on each scenario definition, indicate which of the following transactions will be…
A: GDP measures the value of goods and services produced with in the country during a specific period…
Q: The marginal cost for a company to produce q items is given by MC(q)=0.004q2−0.6q+620. The…
A: Answer: Given, Marginal cost function: MCq=0.004q2-0.6q+620 Fixed cost= $8500 To find the marginal…
Q: Example 2: EOY NCF ($) 1 100 2 90 3 80 4 70 find the present value at 10% interest of the series of…
A: Given information: Cash flow of first-year = 100 Cash flow of subsequent year decreases by = 10…
Q: Assume that a firm is considering building a factory that will cost $5 million. It believes that it…
A: The information we have is:- Beginning venture = $5 million Yearly income = $600,000 Pace of…
Q: Using the IS-LM model and assuming the central bank conducts monetary policy by manipulating the…
A: The LM represents Liquidity and Money. On the upward pivot of the chart, 'r' addresses the loan fee…
Q: A middle-income country... Question 2 options: Has a per capita GDP between $1,025 and…
A: The World Bank Group refers to nation-states with a per capita Gross National Income (GNI) within a…
Q: Suppose the production function is q = 6L0.60K0.90. Determine the long-run capital- to-labor ratio…
A: At optimum where production is maximised, marginal rate of technical substitution equals price ratio…
Q: The marginal propensity to consume is Select one: a. never bigger than 1 b. equal to disposable…
A: In financial matters, the marginal propensity to consume is a metric that evaluates prompted…
Q: 1. Which of the following statement(s) is correct? (x) If a tax shifts the supply curve upward (or…
A: A tax is an obligatory charge or monetary charge imposed by any administration on an individual or…
Q: 4. The demand and supply functions for product x are given, respectively, by the equations: P = 83.6…
A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…
Q: The marginal product of labor for a firm is given by: MPL = 112 - 4H, where H is the number of hours…
A: Marginal Product of Labor, MPL=112-4H Market Wage, w=$16 per hour Marginal Product of Labor is the…
Q: compared with a competitive market, a monopsonist will pay a ___ wage and hire workers. a) lower;…
A: monopsony, in monetary hypothesis, market circumstance in which there is just a single purchaser. An…
Q: The benefit cost ratio for a pest control program proposed by the Department of Agrarian Reform is…
A: in this situation, the benefit cost ratio for a pest control program proposed by the Department of…
Q: 2019, Sydney purchased $10,000 worth of Chinese securities at 6.40 CNY per $USD with an expected…
A:
Q: A financial instrument that represents actual ownership in a corporation is a(n) A. Equity…
A: Debt and equity are the two instruments to raise funds in the financial market.
Q: ed to yield 5%. The investor plans to sell the bond years once the second coupon payment is received…
A: *Answer: Par Value of Bond is $1000 Coupon rate is 7.5% Yield is 5% Time to maturity is 5 years…
Q: Discuss the standardization in relation to mining industry
A: It is the creation of systems and procedures to ensure that the actions performed over the course of…
Q: Suppose Clancy and Eileen form a cartel and behave as a monopolist. The profit-maximizing. price is…
A: Cartels are a type of oligopoly since they include various firms working in a conspiracy to limit…
Q: Discuss the pros and cons of utilitarianism.
A: Utilitarianism views supports actions that increases the overall utility of the society. The main…
Q: Figure: Demand Elasticity Price MR D Quantity Monopoly A Price MR D Quantity Monopoly B
A: Answer to the queen is as follows:
Q: Question 2 Explain the shape of an oligopolist's demand curve Question 5 Define a collusive…
A: QUESTION 2- In numerous oligopolist markets, it has been seen that costs will generally stay…
Q: 7.) State the Law of Demand. Discuss the relationship between Price of the good and its Quantity…
A: Demand is a fundamental concept in economics that affects both the individual and the economy.…
Q: Assume a monopoly market characterized by the following: P = 10 – 1.5Q (demand curve) MC = 2 + Q…
A:
Q: Use the following table to calculate the price elasticity of supply for computers Use the following…
A: Here, given information is, Initial price: 250 Final price: 500 Initial quantity supplied: 75 Final…
Q: 15 Discuss TWO (2) types of unemployment and provide a relevant example for each.
A: We know that When an individual belonging to the labor force of the economy, from the age group of…
Q: This is on the basics of the IS-LM model. The model is given by the following system of equations Y…
A: Answer: The movement along the IS curve takes place only due to a change in the interest rate. The…
Q: "Senior citizens often pay lower prices and movie theaters and restaurants, because they get a…
A: Price discrimination occurs when a vendor believes that customers in specific groups should be…
Q: The gestation period between sowing crops and understanding income after the agricultural produce…
A: The aforementioned statement is true. Farmers require cash to pay for personal expenses such as…
Q: If your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year, by…
A: Income of the individuals refers to the total earnings received from the wages, investment in…
Q: Which of the following statements is TRUE? Question 7 options: Floating exchange rates are…
A: Exchange rate: It refers to the rate at which the economies are exchanging are one another. The…
Q: Which of the following events would increase the demand for cruise vacations? The price of cruises…
A: Demand for cruise vacations shows different combinations of price and number of cruise vacations…
Q: A food manufacturer produces several ingredients for a taco linner including taco shells, taco meat…
A: The price point at which the merchant's total profit is maximized. This price point is called…
Q: n When would an increase in the money supply have the least effect on GDP and the most effect on…
A: Increase in money supply leads to increase in both price and output in the short run.
Q: Consider two towns with 4 million individuals each. The figure below shows the initial locational…
A: The situation in which the prices of different places are in relation to the satisfaction that one…
Q: Which component(s) of U.S. real GDP decreased in size relative to total U.S. real GDP from 1900 to…
A: Usually the sectors of economy are divided into following parts : agriculture, industrial and…
Q: In one year, TLM collects $1,000,000 from customers to mow their lawns. TLM's consumption of fixed…
A: The Gross Domestic Product (GDP): The GDP is a quantitative measure that compute the economic…
Q: Keynesia: Government expenditure 400 Exports 250 Autonomous imports 50 Autonomous consumption…
A:
Q: The following table shows prices and quantities in the hypothetical economy of Lowlands for two…
A: Here, the given table provides information about the price and output produced in a two-time economy…
Q: Income from sales of by-products at a small meat packing plant have been increasing by 10% each…
A: Given pieces of information: The for the first year = $22000 Increase in income from sales, g = 10%…
Q: part from its economic strategies, Coca Cola Amatil has identified three main CSR objectives:…
A: Social Corporate Responsibility: Corporate Social Responsibility is an administration idea by which…
Q: B. The indifference curves shown below are for Ali whose income per month is $1400. Using the…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: Exhibit: Demand and Price Elasticity 2 18 is price inelastic Handwritten only with explanation…
A: Shape of demand curve =Change in price (dP)Change in quantity (dQ)=2-02-0=1
Q: Suppose the total cost function of a firm is given as: TC = 720 - 45Q + 20². Determine the average…
A: Total cost of production is the summation of fixed cost and variable cost . It is the monetary value…
Q: When workers do not notice inflation has taken place they do not realize that their real wage has…
A: Answer to the question is as follows:
Q: But what/how much is the arbitrage profit, can you please calculate and show the workings?
A: Arbitration refers to when the trader enjoys a profit due to price differences in two markets or…
Q: The market for sweet potatoes consists of 1,200 identical firms. Each firm has a short-run total…
A: SRTC denotes short-run total cost. SRTVC denotes short-run total variable cost. SRAVC denotes…
Q: Want every single part
A: Total revenue is the amount which is earned by seller after selling the goods and services , so by…
Q: Suppose a firm’s production function is ? = ?2?. a) Determine the labor and capital demand…
A: While delivering labour and products, organizations require labour and capital as inputs to their…
Q: 6. Show the likely paths of monetary policy transmission process taking an example of interest rate…
A: Monetary Policy is designed by the Central Bank to control the flow of money into the economy. The…
Q: Use the following table to calculate the price elasticity of supply for computers. Quantity Supplied…
A: Price elasticity of supply is measurement of the responsiveness to the supply of a good or service…
Eng. Eco.
Q1 Gamma Associates has the following details:
Fixed cost = Rs. 20,00,000
Variable cost per unit = Rs. 100
Selling price per unit = Rs. 200
Find
(a) The break-even sales quantity
Step by step
Solved in 2 steps
- Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and unit variable costs of $5 per pair. If the company charges $15 per pair, how many pairs must it sell to break even?Fixed cost Variable cost No. of cupcake Total cost (FC+VC) $420 $2.10 1 $422.10 $420 $42.00 20 $462.00 $420 $84.00 40 $504.00 $420 $126.00 60 $546.00 $420 $168.00 80 $588.00 $420 $210.00 100 $630.00 TC = $420 + 2.1x R= 4.90(x) (I) Graph both functions on the same coordinate axes.(II) From your graph find coordinatae at which cost equals revenue.(III) Using your graph, determine how many cupcakes need to be made to produce revenueof at least $1,029.How much profit is made for this number of cupcakes?T/F The fixed cost remains same at all level of output.
- A privately owned summer camp for youngsters has the following data for a 15- :weeksession Charge per camper $130 per week Fixed costs $42,000 per session Variable cost per camper $70 per week Сарacity 180 campers Develop the mathematical relationships for (a) .total cost and total revenue What is the total number of campers that (b) ?will allow the camp to just break even What is the profit or loss for the 12-week (c) ?session if the camp operates at 80% capacityimpact of fixed and variable cost on break even analysisRecall that profit equals revenue minus cost. For the revenue and cost functions shown, answer parts (a) through (e) below. R(x)equals=400x−2x^2 and C(x)equals=200x+4250, with 0≤x≤100 (a) Find the break-even point. The break-even point(s) is(are) x=?. (Type an integer or decimal rounded to one decimal place as needed. Use a comma to separate answers as needed.) (b) Find the x-value that makes profit a maximum. x=? (Type an integer or decimal rounded to one decimal place as needed.) (c) Find the maximum profit. The maximum profit is $? (Type an integer or decimal rounded to one decimal place as needed.) (d) For what x-values will a loss occur? Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to one decimal place as needed.) A. x<? or x>? B. x>? C. x<? D. ?<x<? (e) For what x-values will a profit occur? Select the correct choice below…
- The variation of the total production cost with the production rate for a process is defined as follows. ALL = 2 000 000 + 4q + 2.5 q1.1 (ECU / year) q [=] kg / year a) Plot the change of total production cost according to the production speed. b) Find the annual fixed and variable costs for the case where the production rate is 2 000 000 kg / year. c) Find the average and interface costs for the same production capacity. d) If the market selling price of the product is 20 ECU/ unit, what should be the minimum production rate in order not to damage the organization?A cell phone company has a fixed cost of $1,000,000 per month and a variable cost of $22 per month per subscriber. The company charges $33 per month to its cell phone customers. a.What is the annual breakeven point for this company? b. The company currently has 95,000 subscribers and proposes to raise its monthly fees to $39.95, what is the new annual break-even point if the variable cost increases to $25 per customer per month? c.lf 20,000 subscribers will drop their services because of mönthly increase in part (b), will the company still be profitable?While drawing cost curves, the state of technology must be kept constant True/False
- Hilton Enterprises sells a product for $119 per unit. The variable cost is $68 per unit, while fixed costs are $436,968. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $124 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $124 per unit unitsProblem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per 100 unit. If demand function is given by p =E I. Determine the quantity that the company must sell to cover the fixed costs. II. Find the breakeven point.Can you please answer parts d & e below only as you have answered the first 3 parts previously: Frank pays 50,000/year in fixed costs. If his shop sells Q cups of tea in a year, the other costs add up to be 10000/Q + Q/20000 per cup of tea What is the: a) average fixed cost, b) average total cost c) variable cost and marginal cost (derived from the the variable cost) d) the annula production level such that the average variable cost is minimised e) the difference between the marginal cost and average variable cost at this production level