User Account

All Pages

What minimum increase in sales would be necessary

Assignment Help Business Economics
Reference no: EM13851914

Artsy T-Shirts sells 100,000 shirts a year, priced at $14 each. The company can produce any number of shirts at a constant cost of $10 each. It is considering expanding its sales by lowering the price to $12.

What minimum increase in sales would be necessary in order to justify this expansion?

Firms that are successful sometimes take their profitability as a signal that they should expand. Why does this expansion sometimes get them in serious trouble?

Reference no: EM13851914

Questions Cloud

Recursion in binary search trees : Assignment is intended to give you practice writing recursive code that traverses a common computer programing structure: a binary search tree.
Standby tickets cover average costs of extra passengers : Leopold Bus Company runs daily service between Bigcity and Tinytown. It calculates that the average cost per trip (wages, gas, insurance, payments on loans, etc.) is $140. Leopold sells the bus tickets for $5 each. Will the sales of the standby ticke..
Texaco provides labor-management training : 1. What do these new supervisors need to know about labor relations and the collective bargaining process
Calculate the concentration of all ions : Problem: Calculate the concentration of all ions present in each of the following solutions of strong electrolytes.
What minimum increase in sales would be necessary : Artsy T-Shirts sells 100,000 shirts a year, priced at $14 each. The company can produce any number of shirts at a constant cost of $10 each. It is considering expanding its sales by lowering the price to $12. What minimum increase in sales would be n..
How could project cost influence an organizational structure : How could Project cost influence your choice for an organizational structure? Explain your answers in as much depth as possible.
What is the cross elasticity of supply : When the price of wheat rises from $2.34 to $2.46, some farmers switch crops, and the amount of barley offered on the market falls from 101 million bushels to 99 million. What is the cross elasticity of supply? When the wage rate rose from $6.25 per ..
Purchase new hummer : You decided to purchase a new hummer for 60,000. If the dealer offers a $5000 rebate, what would your monthly payments be if your interest rate is 6.5% and you pay it off in 4 years?
Consider the current economic conditions-including inflation : Consider the current economic conditions, including inflation and economic growth. Do you think the Fed should increase interest rates, reduce interest rates, or leave interest rates at their present levels? Offer some logic to support your answer

Reviews

Write a Review

Business Economics Questions & Answers

  Explain how could you estimate the net welfare loss

Explain how could you estimate the net welfare loss (deadweight loss) from such a diagram. What response to such a policy would you expect from industries (like automobile producers) that use U.S. steel.

  Explain how more will real output increase

If the price level remains constant by Explain how more will real output increase.

  Illustrate what occurred to employment

Illustrate what occurred to employment during the rest of 2008. Illustrate what are some of the alternatives to a tax cut that might have been utilized.

  Equals the price elasticity of demand at the price

Create a table where Q equals 0, 10, 20, 22.5, 30, 40 50 and 55. In the table include Quantity, Price, Total Revenue, Marginal Revenue (where MR equals the change in TR divided by the change in Q in the table), MR where MR=a-2bQ (include an explanati..

  Q1 currently there is an incumbent monopoly in a market a

q1. currently there is an incumbent monopoly in a market. a potential entrant may enter. the incumbent can spend x

  Create an overview of the organization

Create an overview of the organization (history, type of product or service, type of organization, management style, organizational values, mission statement.

  Tend to rise in response to a natural disaster

Prices (fuel, water, grocery items, etc.) tend to rise in response to a natural disaster.

  Growth without diminishing productivity of capital

Growth without diminishing productivity of capital suppose that the production function is Y=AK. What is the condition for the growth rate of capital per worker, ?what does the s*(y/k) curve look like? Discuss how your results relate to diminishing p..

  Q1 discuss the prognosis or economic outlook for the

q1. discuss the prognosis or economic outlook for the chilean economy in the coming year. consider the leading economic

  Different versions of cars

If the U.S. and Japan trade different versions of cars and the U.S. enact trade barriers against Japanese car imports, what will happen to the level of Japan's horizontal foreign direct investment in the U.S.? Why?

  List the protective measures

List the advantages and disadvantages for the United States to protect its catfish industry. List the protective measures (instruments) the United States has not used to protect its catfish industry. Briefly explain why each would or would not be suc..

  The supply curve of a firm in the long run

The supply curve of a firm in the long run, is:

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