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A fabrication company engaged in production with a capacity of 150, 000 pieces per year. But, it is just operating at 70% of its full capacity. The company has an annual income of P 250, 000.00, annual fixed cost are P 50, 000.00 and variable costs are P1.00 per unit. How many productions of parts must be produced for break-even point?
Firm i produces its product in a perfectly competitive market. In the figure below, the Average Total Cost and Marginal Cost of producing that product are given by the ATC and MC curves, respectively. Find the profit maximizing quantity, and call it..
Suppose a firm has an annual budget of $200,000 in wages and salaries, $75,000 in materials, $30,000 in new equipment, $20,000 in rented property.What are the annual explicit costs for the firm described above.
Discuss the fundamental advantages and disadvantages of using software as a service (SaaS) within organizations.
Suppose that a country's inflation rate increases sharply. Which of the following statements are true? Wealth in savings accounts is not subject to a change in the inflation tax because the real interest rate will increase with the rise in inflation...
Explain what you would rather maximize, your total or marginal utility. Analyze how you would focus on your utility in making consumption decisions.
If a portion of the loans extended by commercial banks is taken as cash rather than as checkable deposits, the maximum money-creating potential of the commercial banking system will.
Calculate the year in which income every capita in the United States was equal to year 2010 income every capita in India.
How does a high-tech industry differ from most other industries? Provide two examples.
1. Early last year Fijian Government closed its borders. Curfew hours and containment zones were introduced to stop the spread of the Covid 19 disease.
Suppose independent truckers operate in a perfectly competitive industry. If these firms are earning positive economic profits, what happens in the long run to the following: The price of trucking services, The industry quantity of output, and The pr..
When spillovers cause substantial positive benefits to accrue to third parties, a competitive market:
How can price and income elasticity measures be used by businesses to help maximize their sales revenue during an economic downturn?
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