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

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

Business assignment, Ask question #. Explain why under fixed exchange rates...

Ask question #. Explain why under fixed exchange rates the monetary policy is not effective#

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 ?

Production function, Suppose a firm’s budget were large enough to employ 10...

Suppose a firm’s budget were large enough to employ 100 units of either labor or capital, the cost of a unit of labor being the same as a unit of capital. The production function i

Introduction to business economic, Ask question different between Mar...

Ask question different between Marginalism & incrementalism #Minimum 100 words accepted#

Credibility of policy rule, QUESTION Write detailed notes on the follow...

QUESTION Write detailed notes on the following: (a) Activist and non activist monetary policy debate. (b) Optimality of Policy Rule compared to discretionary monetary pol

Wheeled coach, What is an alternative process strategy to the assembly line...

What is an alternative process strategy to the assembly line that Wheeled Coach currently uses?

The effectiveness of the floating exchange rate model, QUESTION (a) Dif...

QUESTION (a) Differentiate between the fixed and floating exchange rate models. (b) Discuss the effectiveness of the floating exchange rate model. (c) Explain the mechani

Determine the total price effect , An agent has a utility function over goo...

An agent has a utility function over goods 1 and 2 of the form U = x c 1 x d 2 where c is your 1- digit number and d is your minimum number. The agent's income is equal to you

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