2. Compute for the number of blocks that an ice plant must be able to sell per month to break-even based on the following data: Cost of electricity paid per block = P20 Tax to be paid per block = P2 Real state tax = P3,500 per month Salaries and wages = P25,000 per month Others = P12,000 per month Selling price = 55 per block

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
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2. Compute for the number of blocks that an ice plant must be able to sell per month to break-even
based on the following data:
Cost of electricity paid per block = P20
Tax to be paid per block = P2
Real state tax = P3,500 per month
Salaries and wages = P25,000 per month
Others = P12,000 per month
Selling price = 55 per block
Transcribed Image Text:2. Compute for the number of blocks that an ice plant must be able to sell per month to break-even based on the following data: Cost of electricity paid per block = P20 Tax to be paid per block = P2 Real state tax = P3,500 per month Salaries and wages = P25,000 per month Others = P12,000 per month Selling price = 55 per block
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