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

Why is the growth rate and significant for development, Why is the growth r...

Why is the growth rate and significant for development? The rate of economic development is the percentage increase within real GDP over twelve months. • The higher rate of

Status of the economy and gdp , • Although the country produced several typ...

• Although the country produced several types of commodities (goods and services) in the year 2002, but this country's Central Statistics Office has grouped such commodities into f

Gap between theory and practice, Managerial economics bridges the gap betwe...

Managerial economics bridges the gap between economic theory and practice

Problem of agricultural price instability in countries, Is agricultural pri...

Is agricultural price instability a problem for Less Developed Countries? Problem of agricultural price instability for LDCs: a. Several Less Developed Countries have a com

Factors that affect the volume of production in economy, what are the fac...

what are the factors that affect the volume of production in economy

Method for choosing decision tree tools, Banking on a Beard Award Deci...

Banking on a Beard Award Decision trees are models which allow you to both visualize and quantify a range of possible outcomes when faced with complex choices. These models in

Elasticity of demand, Explain the elasticity of price expectations?

Explain the elasticity of price expectations?

EMPLOYMENT, VARIOUS DEFINITIONS OF UNEMPLOYMENT

VARIOUS DEFINITIONS OF UNEMPLOYMENT

Fixed vs. flexible exchange rate, what is fixed vs.flexible rate of exchang...

what is fixed vs.flexible rate of exchange agreement?

Control the circulation of money in the economy, QUESTION (a) State whe...

QUESTION (a) State whether the following statements are TRUE or FALSE. Clearly explain your answer. (i)The Keynes liquidity Preference theory stipulates that money demand is

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