What are total revenues for the break-even quantity

Assignment Help Microeconomics

Reference no: EM13692554

Fixed Cost $15000

Variable Cost $1.00 per unit

Revenue $1.60 per unit

What is the break-even quantity?

What are total revenues for the break-even quantity?

What are total costs for the break-even quantity?

What quantity would be required for a profit of $2,000?

Reference no: EM13692554

Questions Cloud

The cause-effect chain of monetary policy : First define the concept of monetary policy and explain which schedule in the IS-LM model would be directly affected by the use of monetary policy. Next, define the concept of the transmission mechanism (or the cause-effect chain of monetary policy),..

Libertarian preference for private charity public assistance : How would a libertarian like notice view poverty in then nitride states? How plausible do you find the libertarians’ preference for private charity over public assistance?

What is the firms marginal revenue function : Assume the key boarders (date entry clerks) are lower in India than the U.S. does this mean that key bordering jobs in the United States will be lost to India? Explain.

Changes on wages and employment in a occupation : Analyze the impact of the following changes on wages and employment in a given occupation:

What are total revenues for the break-even quantity : What is the break-even quantity? What are total revenues for the break-even quantity? What are total costs for the break-even quantity?

Which vendors plan is preferred : Three office furniture firms that offer different payment plans have responded to a request for bids from a state agency. which vendor's plan is preferred?

Retailers can be eliminated from the distribution channel : Some argue that retailers can be eliminated from the distribution channel because they only add costs to the final product without creating any value-added services in the process. Do you agree with this perspective?

Assume the economy starts at long run equilibrium : For each of the following shocks, describe how monetary policymakers would respond (if at all) to stabilize economic activity. Assume the economy starts at long run equilibrium.

Find the optimal consumption levels for the agent : Consider a representative agent economy in which agents live for two periods. The agents earn 30 units of commodities when s/he is young and 0 units when s/he is old. There is no production in the economy and the real interest rate is %10 percent.

User Account

All Pages