Apply the cost-volume- utility model for the graphical and mathematical definition of the equilibrium point. A company dedicated to the manufacture of its only product, a waterproof bluetooth speaker, presents the following information: Annual fixed costs: $1,500,000 Variable costs per unit: Housing: $20.- Buttons: $5.- Card: $10.- The sale price is calculated based on a desired marginal contribution of 60%. Calculate the equilibrium point in units and weights of the company, Draw up the corresponding graph, Prepare the status of results as a check

Q: 3. Determine the annual worth (AW) of a project, where it requires capital investment of BD 50,000,…

A: the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum Rate of…

Q: A firm is selling two products-chairs and bar stools-each at $50 per unit. Chairs have a variable…

A: Total Cost = Total Variable Cost + Total Fixed Cost The Break-even point is the point where the firm…

Q: 1. Suppose you are a farmer with 20 hectares of land on which you could grow either wheat or barley.…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Suppose the Parliament passes legislation making it more difficult for firms to fire workers (an…

A: Unemployment Unemployment refers to people who are employable and actively looking for a job but…

Q: If savings are at $1300 and income is worth $2200, what would the value of consumption be

A: According to neoclassical economists, ingestion serves as the ultimate goal of economic activity; as…

Q: All sellers may be tempted to raise the price of what they sell, but an unintended effect of raising…

A: Supply curve shows association between the quantity supplied by a seller at different prices keeping…

Q: ​Which of the following is a normative statement?   Group of answer choices   ​An increase in…

A: Economic frameworks as a sort of friendly framework should defy and tackle the three central…

Q: Consider an economy described by the following equations: Y=C + I +G Y=7,000 G=4000 T=2,000…

A: given data Y=7000 G=4000 T=2000 C=150+0.75(Y-T) I=1000-50r now G is rising by 1000.

Q: QUESTION 48 Exhibit 2-7 Military Goods B PPF1 Civil Goods Refer to Exhibit 2-7. Point F is PPF2…

A: Production possibility frontier (PPF) shows a probable combination of two commodities produced in an…

Q: 6. Many companies, of any size, decide not to compete internationally because new products quickly…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: QUESTION 7 In the first chapter of The Wealth of Nations, Smith introduces the idea of the which…

A: Adam Smith is one of the principal defenders of Modern financial matters who is otherwise called the…

Q: 2. If the price/demand function is p-50-1.25x and the total cost function is 160+10x, where x is the…

A: Given , Demand function : p = 50 -1.25x  Total Cost function : C = 160 + 10x

Q: In the island nation of Autarka, cardboard boxes are manufactured by four rms: Andrew's Industries,…

A: Four firms in a market: Andrew's Industries, Brett's Boxes, Carla's Cardboard, and Delia's Durables…

Q: Suppose that clothes workers at a certain factory accept a pay cut of $3 per hour. (a) Draw a graph…

A: Equilibrium is occurs at the cost at which amounts demanded and supplied are equival. We can address…

Q: An economic consultant for Gumbcorp. recently provided the firm’s marketing manager with this…

A:

Q: Revenue and cost figures can be observed in the table below for Greensons Organic. Use the…

A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…

Q: What happens in the market for video games if the demand for video games increases by more than the…

A: A theory that describes the relationship between the sellers and buyers of a specific item is the…

Q: Explain how the concept of Nash Equilibrium can be applied to the tragedy of commons.

A:

Q: Suppose you find that MU₁(x₁+x₂)=2x2 and MU₂(x1,x2)=2x1. What is the rate at which the consumer is…

A: Marginal Utility is the additional utility that a consumer gets or receives in the case of the…

Q: What is the average fixed cost and average variable cost if nine instructional modules are produced?…

A: Cost is the total amount spent or the total expenditure which is incurred while producing a product…

Q: Suppose we know that p=1,056-D/5, where p = price in dollars and D = annual demand. The total cost…

A: Given data, Annual demand The annual demand is the number of units sold each year. If real units are…

Q: he quantity demanded x for a certain brand of MP3 players is 300 units when the unit price p is set…

A: The demand curve (DD) in economics is a graph that shows how many units of a product or service will…

Q: Q2. (i) Consider a risk averse investor who must decide how much of his initial wealth w to put into…

A: Decreasing absolute risk aversion represents that when wealth increases the amount invested in risky…

Q: What does potential GDP mean and what does it mean in terms of neoclassical analysis? Please be sure…

A: GDP is the total market value of the finished goods and services produced in a nation over a…

Q: Price Figure 3-3 E 52 50 51 Quantity Refer to Figure 3-3. A change from Point A to Point E…

A: Supply refers to the quantity of the goods the producers are willing unable to produce in the…

Q: If two goods are substitutes, then O an increase in the price of one causes the demand for the other…

A: Demand in economics refers to a consumer's readiness to pay a particular price for goods and…

Q: Discuss how Covid 19 has affected tourism in Ghana and suggest measures to boost the tourism…

A: The outbreak of Covid 19 has dealt a severe blow to the tourism industry in Ghana. The virus has led…

Q: Which of the following is a cause of diminishing marginal productivity? a.In the long run, labor…

A: Marginal Productivity  Marginal productivity or marginal product is the additional output, return,…

Q: difference between nominal intrest rate and real intrest rate

A: An interest rate lets you know how high the cost of borrowing is, or high the rewards are for…

Q: Which should central banks focus on more, unemployment or inflation? Why? Please cite sources to…

A: A increase in the cost of goods and services throughout the economy is referred to as inflation. A…

Q: a) Discuss the determinants of aggregate consumption and aggregate investment. Base on historical…

A: A. There are several determinants of aggregate consumption and investment, including income levels,…

Q: What is the impact of global flows on the global south?

A: Global south refers to the loose block of countries in the south that are yet to develop fully.…

Q: Consider two neighboring island countries called Dolorium and Bellissima. They each have 4 million…

A: Concept Suppose there are two countries, i.e., A and B And both are producing two goods, i.e., X and…

Q: PERSPECTIVES In 2020, the United States devoted about 0.18 percent of its $21 trillion GDP to…

A: US GDP in year 2020 = 21 trillion. Total Population = 3 billion

Q: The following table shows data on a hypothetical country's Real GDP from 1980 through 1988: REAL GDP…

A: In below Graph, Peak is when GDP is highest (1988) and Trough is when GDP is lowest (1980).…

Q: ull explanation with answer

A: We know that The change in both components, the price and quantity demanded, from one point to the…

Q: How do you think the costs of teaching a commerce degree online would compare to the costs of a…

A: A commerce degree could be taught online for less money than on-campus at a university because of…

Q: How are the Union for the Mediterranean (UfM) are affected and responded to the COVID 19 pandemic?

A: The Union for the Mediterranean is an intergovernmental organization uniting 42 nations to advance…

Q: Industrialisation – Lewis’ perspectives and its application to today’s way of life. Who is Arthur…

A: Industrialization is the process through which an economy transitions from a predominantly agrarian…

Q: Consider the following data: Number of Customers a Restaurant Serves per Year Year 20002000…

A: A probability distribution depicts the normal outcomes of potential qualities for a given data…

Q: Michael Wittry has been investing in his Roth IRA retirement account for 24 years. Five years ago,…

A: Here it is clear that there are two investments. To calculate the fraction of amount in respect to…

Q: If demand and supply change in the same direction, we _____ the direction of change of the…

A: When the demand and supply change in the same direction then,we can predict the direction of change…

Q: According to the figure showing 2020 GDP for selected countries, how much larger (in percentage…

A: GDP is the sum total of market value of final goods and services produced in a country during a…

Q: Suppose we know that p=1,056– D/5, where p = price in dollars and D = annual demand. The total cost…

A: Profit = Total Revenue- Total Cost Total Revenue = Price*Quantity And here quantity is D and Price…

Q: 43. Explain the importance of investing early.asap

A: Investing can be defined as the act of resource allocation, mainly money, with the expectation or…

Q: A wind turbine engineering firm has both the experience and an undeveloped plan for a new and more…

A: An investment is an asset or not entirely set in stone to create pay or appreciation. Appreciation…

Q: For the following total-revenue and total-cost functions of a firm: TR=22Q - 0.5Q2 TC= (1/3)Q3…

A: The profit is maximized where the marginal revenue (MR) is equal to the marginal cost (MC).

Q: Assume that: Profit = (margin)* Demand What is the % change is profit for a sales promotion that…

A: Given information: Sales promotion decreases margin by 10% and increases the demand by 10% => %…

Q: Answer the question on the basis of this table showing the marginal benefit that a particular public…

A: A consumer's utmost willingness to pay for an additional commodity or service is known as the…

Q: Zeitler’s Department Stores sells its products online and through traditional brick-andmortarstores.…

A: Consider the referred parallel-coordinates map, which shows the data from a sample of 20 consumers,…