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 ACWP- BCWP and BCWS in economics, Define given terms: Actual Cost of...

Define given terms: Actual Cost of Work Performed (ACWP); Budgeted Cost of Work Performed (BCWP); Budgeted Cost of Work Scheduled (BCWS). • ACWP is the amount of attempt (exp

What are newly industrialised countries, What are Newly Industrialised Coun...

What are Newly Industrialised Countries (NICs)? Newly Industrialised Countries: Recently Industrialised Countries (NICs) are LDCs which have undergone recent, quick indus

Scarcity and original cost, define scarcity and opportunity cost? what rol...

define scarcity and opportunity cost? what role these two concepts play in the making of decision making?

Major area of decision making, What are the major area of decision making ?...

What are the major area of decision making ? How does economic theory contribute to managerial decision ?

What is failure effectiveness of multi-national companies, What is the fail...

What is the failure effectiveness of multi-national companies (transnationals) in the promotion of development? TNC FDI failure into hindering development: • TNCs are accus

Characteristics of developed to less developed countries, What are the char...

What are the characteristics of developed countries applied to Less Developed Countries? Some of Kuznets' characteristics of a DC (developed countries) can be applied to LDCs (

Diseconomies of scale, explain four major managerial factors that affect di...

explain four major managerial factors that affect diseconomies of scale

Base multiplier framework for money supply, Question: Extract of the Sp...

Question: Extract of the Speech by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Swiss Banking Global Symposium, Zurich, 16 November 2012

Potential benefits and drawbacks by adding employees to team, Your project ...

Your project is behind schedule and you are seeing adding extra employees to the team. What would be the potential benefits and drawbacks of this approach? Given that the slipp

Historical perspective of corporate social responsibility, Question 1: ...

Question 1: The triple concepts-  globalisation, good governance and democracy-  have largely dominated international discourse since a long time.  (a) Briefly explain the ter

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