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A firm has the capacity to produce 1,131,020 units of a product each year. At present, it is operating at 36 percent of capacity. The firm's annual revenue is $871,726. Annual fixed costs are $163,161 and the variable costs are $.49 cents per unit. The following equations will be useful.
Profit = Revenue - Costs
Revenue = Price each * quantity
Costs = Fixed Cost + Variable Costs
Variable Cost = Variable Cost per unit * number of units
At the break even point, Profit = 0
What is the firm's annual profit or loss?
If a rocket in gravity- free outer space has the same thrust at all times, is its acceleration constant, increasing or decreasing? If the rocket has the same acceleration at all times, is the thrust constant, increasing or decreasing?
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