User Account

All Pages

Second method at the same output

Assignment Help Macroeconomics
Reference no: EM131068710

A certain product may be manufactured using two different methods as shown below.

First method, fixed costs per period are £600,000 and variable costs are £295 per unit of the product.

Second method, fixed costs per period are £765,000 and variable costs are £240 per unit of product.

Q1. Calculate the level of output for which the total costs are the same.

Q2. The total cost for the first method at output in Q1 is £1,485,000. State the total cost for the second method at the same output?

Reference no: EM131068710

Questions Cloud

What aspect of the value chain are they measuring : What are cultural norms that govern the organization, and what types of behaviors does the culture promote or punish?
Stock has an annual return mean and standard deviation : DW Co. stock has an annual return mean and standard deviation of 9 percent and 32 percent, respectively. What is the smallest expected loss in the coming year with a probability of 5 percent?
Payback period of the project : Calculate the payback period of the project in years and months.
How this situation should be handled by law enforcement : Be sure to link theory with personal opinion when explaining how this situation should be handled by law enforcement and e-business professionals.
Second method at the same output : The total cost for the first method at output in Q1 is £1,485,000. State the total cost for the second method at the same output?
Calculate the true annual rate of compound interest : Calculate how much more interest would have been earned if the interest had been compounded six-monthly at a rate of 1.8% per period. Calculate the true annual rate of compound interest if interest of 1.8% is added half-yearly.
Risk-based auditing approach in recent years : Explain why there has been an increased use of risk-based auditing approach in recent years and what advantages for the auditors from the adoption of such an approach.
Amount of depreciation : A certain equipment cost £9,500,000. It is depreciated by the equal installment method. After 3 years, its book value is £5,600,000.
Affect wages and labour productivity : Discuss how each of these options will affect wages and labour productivity, potential GDP and real GDP. Will they lead to growth in real GDP and rises in real GDP per capita? use the potential GDP and labour market diagrams in your answer.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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