User Account

All Pages

Above orders for items

Assignment Help Macroeconomics
Reference no: EM131085773

Manufacturer M sells Item A for £3,900 per 500 units.

(a) Calculate:

(i) the cost of an order for 40,000 units

(ii) the price of one unit of Item A in dollars at an exchange rate of £1 = $1.40.

Manufacturer M also makes Item B, at a rate of 1,750 units per day.

(b) Calculate how many whole days will be required to complete an order for 20,000 units of item B.

The above orders for Items A and B are invoiced together, and the invoice total is £450,000.

(c) Calculate:

(i) the average cost per unit (Items A and B together)

(ii) the cost per unit of Item B.

Reference no: EM131085773

Questions Cloud

What is the mean number of leaking tanks : Leakage from underground gasoline tanks at service stations can damage the environment. It is estimated that 25% of these tanks leak. You examine 15 tanks chosen at random, independently of each other. What is the mean number of leaking tanks in su..
Opportunity costs and explicit monetary costs : Provide your own definition of "opportunity cost". Discuss what the opportunity cost of attending college is for you, noting that the concepts of opportunity costs and explicit monetary costs are not the same.
Banking system excess reserves : a. What are the banking system excess reserves? b. By how much can bank increase its loans? c. What is the size of the simple money multiplier? What does it tell us?
Does the problem relate to a problem of property rights : does the problem relate to a problem of property rights?
Above orders for items : Calculate how many whole days will be required to complete an order for 20,000 units of item B. The above orders for Items A and B are invoiced together, and the invoice total is £450,000.
Describe an agency relationship and how it may take shape : Describe an agency relationship and how it may/will take shape for your small company. As the sole employee and investor in your startup, what agency conflicts might arise?
Determine the firm equilibrium price : The market inverse demand function is P=250-5Q and firm's cost function is c(Q)=6Q. Determine the firm's equilibrium price and corresponding function.
Who influenced them and their work : An introduction to sociology and to your chosen sociologist. Include some biographical information: who were they, where did they come from, why did they study social sciences...etc. Who influenced them and their work?
What major events occurred and how did the countries react : Compare and contrast the political changes that occurred in South Africa, China and Austria in the 1980s and 1990s. What major events occurred, and how did the countries react?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Difference in wage rates in developed and developing country

Describe why the general level of wages in high in US and other industrially advanced countries. Determine the single most important factor underlying the long run increase in average real wage rates in the US

  How the opportunity cost of wheat is affected by a increase

Corn is used in the production of ethanol, which is a substitute for gasoline that can be blended with gasoline to stretch oil supplies in producing refined gasoline. Much of the farmland in the America Midwest can be planted with either wheat or ..

  The organization will pay every thereafter

The organization will pay a $11 dividend in thirteen years and will increase the dividend by 5.5 % every thereafter. If the required return on this stock is 13%.

  Determine why arent teachers salaires higher

Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of teachers and the taxes paid by the typical household

  Explain why do shortages and surpluses exist for different

There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Explain why do shortages and surpluses exist for different games.

  Unique subgame perfect equilibrium

When do firms A and B exit in the unique subgame perfect equilibrium? (Hint: First establish at what time t profits turn negative as a function of the remaining firms, and then argue with generalized backward induction)

  If the costs of one of the goods rise by some percent

If the costs of one of the goods rise by 5 percent, Illustrate what will happen to the demand for the other product, holding constant the effects of all other factors?

  Describe the diamond-water paradox and the solution

Why is an oligopolist more likely to be able to earn a profit in the long run compared to a monopolistic competitive firm?

  Find the profit-maximizing price and quantity

Suppose you work for a drug manufacturing corporation that holds a patent on Hair Grow, the world most effective drug for restoring hair.

  Calculate output and profits at profit maximizing level

ABC Technologies, Corporation, enjoys an exclusive patent on process to atomize gasoline in platinum in combustion engines, producing substantial gains in miles a gallon

  Find this equation showing all the work you did

Suppose you are asked to find the equation in slope-intercept form of a straight line that has slope = 4 and contains the point (100, 50). Find this equation, showing all the work you did.

  1 givenux1x23x16x2ip1x1p2x2p1 4p2 5i 20a write the

1 givenux1x23x16x2ip1x1p2x2p1 4p2 5i 20a write the function for the indifference curve and graph it when u10.b write

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd