User Account

All Pages

Decrease in p leads to an increase in the breakeven point

Assignment Help Other Subject
Reference no: EM13926683

ECO 550 Chapters 9 & 10 Check Your Understanding

#3
a. VC = AVC(Q)
VC = 1.24Q + .0033Q2 + .0000029Q3 - .000046Q2Z - .026QZ + .00018QZ2
b. MC = 1.24 + .0066Q + .0000087Q2 - .000092QZ - .026Z + .00018Z2
c. Z = 150(thousand) kilowatts
SRAVC = 1.24 + .0033Q + .0000029Q2 - .000046Q(150) - .026(150) + .00018(150)2
SRAVC = 1.39 - .0036Q + .0000029Q2SRMC = 1.24 + .0066Q + .0000087Q2 - .000092Q(150) - .026(150) + .00018(150)2SRMC = 1.39 - .0072Q + .0000087Q2
d. d(SRAVC)/dQ = 0 (condition for minimum SRAVC) = -.0036 + .0000058Q = 0 Q* = 620.7 (million) kilowatt-hours/year
e. SRAVC = 1.39 - .0036(620.7) + .0000029(620.7)2 = .27 pence
SRMC = 1.39 - .0072(620.7) + .0000087(620.7)2 = .27 pence
The two are equal, as the MC slices up through the lowest point in the AVC curve.

#4.
a. A decrease in P leads to an increase in the breakeven point.
b. An increase in V leads to an increase in the breakeven point.
c. An increase in F leads to an increase in the breakeven point.

Reference no: EM13926683

Questions Cloud

Gains from nonoperating activities : 1. Income from continuing operations sometimes includes gains from nonoperating activities. 2. Income from continuing operations is an after-tax number consisting of revenues, expenses, gains, and losses.
Design between-subjects or within-subjects : Is the design between-subjects or within-subjects? The design is within-subjects. Create an ANOVA summary table.
Axiomatic system - creating theorems : Create two theorems that follow from the four axioms - Prove each theorem from part (a) using any of the four axioms and/or any of the theorems from part (a) that you have already proven.
How many shares of common stock can be obtained : How many shares of common stock can be obtained by converting one $1,000 par value debenture; that is, what is the conversion ratio? What was the conversion value of this issue when these debentures were originally issued?
Decrease in p leads to an increase in the breakeven point : ECO 550 Chapters 9 & 10 Check Your Understanding
Describe two challenges of using mathematical symbols : Describe two challenges of using mathematical symbols in order to solve problems using formal logic and determine how you can overcome them
What role does justice play in the criminal court system : Explain what makes a person a criminal. Support your answer with an example from the textbook or your selected article. What role does justice play in the criminal court system? How do we achieve justice in criminal courts
Summarize the author essay and the author main argument : Summarize the author's essay and the author's main argument. What support does the author provide to defend his/her argument?
Describe why you think this discrepancy exists : Given the nature of the data sources, describe why you think this discrepancy exists. Be sure to note with reasons whether your overall results are or are not what you initially expected.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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