Determine the cost function for manchester

Assignment Help Finance Basics
Reference no: EM1355303

Manchester Foundry produced 45,000 tons of steel in March at a cost of £1,150,000. In April, the foundry produced 35,000 tons at a cost of £950,000. Using only these two data points, determine the cost function for Manchester.
What is the slope?

Reference no: EM1355303

Questions Cloud

Assessment in the area of human behavior : Give a brief description of assessment in the area of human behavior. Then describe one assessment instrument used to assess this area.
Write program to choose female student-completed more course : Suppose that input consists of a student file. You are told to write a program to select female students who have completed more than two courses.
Illustrat what are the advantages of using capital : Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".
Explain how else can nordstrom continue to provide : Explain How else can Nordstrom continue to provide exceptional customer service and increase brand locality
Determine the cost function for manchester : Manchester Foundry produced 45,000 tons of steel in March at a cost of £1,150,000. In April, the foundry produced 35,000 tons at a cost of £950,000.
Validation and ensuring effective program management : Data Validation and Ensuring Effective Program Management - Why do you think data validation is important in ensuring effective program management?
How many complete revolutions does the wheel turn : Calculate the induced emf in the conductor and if the total resistance in the conductor is R what is the magnitude of the induced current.
Sophisticated computer-generated reports : Especially with online tests, which often come with sophisticated computer-generated reports, it can be tempting to minimize the role of the counsellor by leaving clients to read their reports independently.
Illustrate how much money would a typical consumer : The senator is considering tax reform that would dramatically cut tax rates, leading to a supply function under the new tax policy Qs = 4.171P - 110. Illustrate how much money would a typical consumer save each month as a result of the proposed le..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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