code 202, Business Economics

Assignment Help:
A businessman invested $ 4000.00 as his fixed cost in a new venture that produces batteries. Each of these batteries cost $150.00 to manufacture and he sells each battery for $180.00
(a)If x represent the number of batteries produced and sold write the cost, revenue and profit functions for the batteries.?
(b)How many batteries must he sell to break even?
(c)How many batteries must he make and sell to make a profit of $4000.00
(d) what will be the profit or loss if 85 batteries are produced and sold

Related Discussions:- code 202

Define hierarchy of project management method, The project management metho...

The project management method envisages a hierarchy of plans. Define this hierarchy. At the top level, there would be a Project Plan which covers the major aspects of the proje

Is foreign debt a problem, Is foreign debt a problem? Foreign debt is ...

Is foreign debt a problem? Foreign debt is the whole amount owed overseas through a country at an exact moment in time. Debt is a problem since • High debt imply high inter

Estimate the short-run and long-run elasticities, Consider the following mo...

Consider the following model: Y*i= β 0 X t β 1e U t a)  Using the stock adjustment model, estimate the short-run and long-run elasticities b) Comment on the following pr

Explain the mixed economy system, Explain the mixed economy system. Mix...

Explain the mixed economy system. Mixed economy: Several resources are owned through the public sector (government) and several resources are owned through the private sector o

Pricing practices, what is the important or usefulness of pricing practices...

what is the important or usefulness of pricing practices to management

Define five areas where project costs could increase, Staff time is general...

Staff time is generally the principal cost component of an IS project. Define five other areas where project costs could increase. Project costs also occur by: • Contract la

Compute the lp cost for investment, Suppose that EBV is considering a $5m S...

Suppose that EBV is considering a $5m Series A investment in Newco. EBV proposes to structure the investment as 5m shares of CP with FV of $5m, one-to-one conversion to common, and

Business Economics, (a) Explain why each of the following factors may influ...

(a) Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the comm

Is there an optimum population size for a country, Is there an optimum popu...

Is there an optimum population size for a country? Optimum (best) population arises while productivity that is output per person is highest. • An under-populated country ca

Write Your Message!

Captcha
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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd