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

Agriculture economics, A1. Given the following production function Level of...

A1. Given the following production function Level of fertilizer Level of maize 0 0 1 44.9 2 83.6 3 110.1 4 127.3 5 136.9 6 139.9 7 137.1 8 129.2 a) Calculate the APP, MPP and elas

Microeconomics, Ask ques Choose a topic from Micro economics that matters t...

Ask ques Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. For example following can be some of the useful topics: - Austr

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

Sales promotion, explain major decisions in successful implementation of sa...

explain major decisions in successful implementation of sales promotion programs

Producing the standard level products, Provisionally the new software is ca...

Provisionally the new software is called SafeCus with two projected levels of service - Premier and Standard. The Premier Level could be on sale within a year and will provide b

Bubble burst, Situation: Only a few astute operatives say the crash in rea...

Situation: Only a few astute operatives say the crash in real estate prices as the USA entered the summer of 2007.  You were one of the few that appreciated that real estate price

Organization of Industries: Cornot-Nash Equilibrium Problem, Suppose an oli...

Suppose an oligopoly consists of three identical firms. Industry demand is P = 100 - 2Q and MC = AC = 20. What is the Cournot–Nash equilibrium output in this industry

What are the restrictions of lewis, What are the restrictions of Lewis? ...

What are the restrictions of Lewis? The restrictions of Lewis: • Assumes complete employment in urban regions. Evidence recommend otherwise • Raised profits may be inves

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