Calculate price that you think will make business break even

Assignment Help Microeconomics
Reference no: EM13130116

Take a small company to be established and construct a cost revenue analysis to see how feasible the project could be? Divide your cost of production into fixed and variable cost. Calculate the price that you think will make the business break even.

Reference no: EM13130116

Questions Cloud

Pricing the original contract : Calculate the amount of the final price adjustment because of defective pricing based on the Contractor unintentionally overpriced their material costs by $75,000 and under-priced their direct manufacturing labor costs by $50,000. Overhead rates u..
Computing percentages : Suppose that a county ordinance requires a 2 1/5% 'fall' for a sewage pipe from the house to the main pipe at the street. How much vertical drop to nearest foot must there be for a horizontal distance of 55 feet.?
How much heat is evolved per gram of fuel burned : 3.5 g of a hydrocarbon fuel is burned in a vessel that contains 250. grams of water initially at 25.00 C. After the combustion, the temperature of the water is 26.55 C.
Per capita cost per police officer : Calculate the per capita cost per police officer. Explain why increased population can result in increased per capita taxes, even though the per-capita cost per police officer declines with population.
Calculate price that you think will make business break even : Take a small company to be established and construct a cost revenue analysis to see how feasible the project could be? Divide your cost of production into fixed and variable cost. Calculate the price that you think will make the business break eve..
Tax consequences of the transactions : On July 30, the controller of Monroe purchased 1,000 shares of TNC for the corporation at $8 per share as the stock had received a favorable recommendation from the corporation's financial advisor. What are the tax consequences of these transactio..
What was the total amount of dividends paid : PepsiCo's financial statements are presented in Appendix A. Coca-Cola's financial statements are presented in Appendix B.
Mean and variance of number of students who watch game : For a sample of 120 students selected at random, what is the mean and variance of the number of students who watch this game?
Quality-of-earnings analysis : Evaluate whether the reported earnings of a company reflect its true economic earnings, and also evaluates the ability of reported earnings to predict future earnings.

Reviews

Write a Review

Microeconomics Questions & Answers

  Impacts of innovation and technology on cost of production

Determine what are the impacts of innovation and technology on the cost of production and explain how does technology affect market structure and real world competition?

  Construct a scatter graph

Construct a scatter graph showing the advertising and sales relationship over the last twelve months and using multiple regression, conduct an analysis of the firm's sales revenue, consumer incomes, and advertising.

  Development of communication infrastructure

Research how externalities impacted the development of communication infrastructure- both positively and negatively and discusses a positive example of externality associated with the development of communication infrastructure and Explain why?

  Concept of the law of diminishing returns

Describe the concept of the law of "diminishing returns" and why does it take place only in short run? Differentiate between "the long run return to scale" and "economies of scale."

  Define long-run cost minimization problem for firm

Determine the relationship between and returns to scale and obtain the long-run input demand functions and the total cost function.

  What is the current equilibrium level of gdp

An economy is currently in equilibrium and the following figures refer to elements in its national accounts and what is the current equilibrium level of GDP and what is the level of injections

  Compute the elasticities of demand and supply

Assume that the demand and supply curves for broccoli in the United States market are given by:

  Relevant and irrelevant costs

Illustrate and fully describe using an example of relevant cost (a cost whose value does affect the optimal decision) and an example of irrelevant cost (a cost whose value does not affect the optimal decision) to the business regarding this decisi..

  Law of diminishing returns

Keeping the Law of Diminishing Returns in mind, comment on the quality of teaching and learning that occur when a resident successively works her 60th, 70th, 80th and 90th hours in a week.

  Differences between microeconomics and macroeconomics

What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.

  Build and validate a multiple regression model

Interpret the coefficients of the regression model. Which independent variable has the strongest impact on the dependent variables

  Describing laws of demand and supply

Describe the law of demand. Why does a demand curve slope downward? What are the determinants of demand? What happens to the demand curve when each of these determinants changes?

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