A manufacturer sells watches for $50 per unit. The fixed cost related to this product are $10,000
Question:
(a) Write the equations of the revenue and cost functions.
(b) How many watches must be sold to break even?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
a Rx 50x Cx 30x 10000 ...View the full answer
Answered By
Elias Gichuru
am devoted to my work and dedicated in helping my clients accomplish their goals and objectives,providing the best for all tasks assigned to me as a freelancer,providing high quality work that yields high scores.promise to serve them earnestly and help them achieve their goals.i have the needed expertise,knowledge and experience to handle their tasks.
4.80+
325+ Reviews
859+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
(a) Write the profit function for Problem 20. In problem 20, A manufacturer sells watches for $50 per unit. The fixed cost related to this product are $10,000 per month, and the variable cost per...
-
A manufacturer sells Blu-ray Disc players for $150 per unit. Manufacturing costs consist of a fixed cost of $3850 and a production cost of $115 per unit. (a) Write the cost and revenue equations. (b)...
-
A manufacturer produces digital watches. Every two hours a sample of six watches is selected randomly to be tested. Each watch is run for exactly 15 minutes and is timed by an accurate, precise...
-
1. Consider the linear system Ax = b (all integer values) with the notation shown below, 1 -3 -1 -2 - H 5 7 - 2261x11 X2 -4 3 9 16x3 615 LX4- = A X b The element a24 = a has been lost. Assume,...
-
Explain why a hot humid day is far more uncomfortable than a hot dry day at the same temperature.
-
A parking lot is made with scarce resources such as labor, machinery raw materials. 1) What is the opportunity cost of using the resources used to build a parking lot? 2) After the parking lot has...
-
Differentiate between the various sources of equity namely, venture capitalists, business angels, and public markets. Describe the advantages and disadvantages of each equity source. Are these...
-
The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Rent expense and salaries expense are equally divided between selling activities and the general and...
-
Here are four major activities in drug law enforcement: Source Control - activities targeting cultivation, manufacturing and production of controlled dangerous substances in foreign countries....
-
Ochoa Inc. had the following condensed balance sheet at the end of operations for 2009. During 2010 the following occurred. 1. A tract of land was purchased for $11,000. 2. Bonds payable in the...
-
Suppose a stereo receiver manufacturer has the total cost function C(x) = 210x + 3300 and the total revenue function R(x) = 430x. (a) What is the equation of the profit function for this commodity?...
-
(a) Write the profit function for Problem 19. In problem 19, A manufacturer sells belts for $12 per unit. The fixed costs are $1600 per month, and the variable cost per unit is $8. (b) Set profit...
-
Which of the following terms describes a framework of the phases involved in developing information systems? a. systems development life cycle b. rapid application development c. predictive life...
-
Question which is thought of as an overarching system of formal and informal relationships within which the firm participates to procure, transform and enhance, and ultimately supply its offerings in...
-
Big idea selected - The government should make college and university free. Part 2: HOW? What type of data will help build evidence or support for your big idea? In this section, you will first (2A)...
-
Sociocultural-friendly organizational initiatives could include encouraging work/life balance. Give two reasons why encouraging work-life balance in staff rostering is important for your team.
-
3. Two children sit on a see-saw which is 3 m long and pivoted on an axis at its center. The first a child has a mass m of 25 kg and sits at the left end of the see-saw, while the second child has a...
-
A 19.00L capacity barbecue tank is filled with 7.71 kg of propane (C3Hg) at -15C. a. By how much the pressure in the tank increases if the barbecue isn't used until March, when the temperature...
-
Is leverage high? (a) h i = .13, n = 16; (b) h i = .13, n =50; (c) h i = .36, n = 100.
-
Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...
-
Two foods contain proteins, carbohydrates, and fats. Food A costs $1 per pound and contains 30% protein, 10% fat, and 50% carbohydrates. Food B costs $1.50 per pound and contains 20% protein, 4% fat,...
-
In Problems, a simplex matrix for a standard maximization problem is given. (a) Write the values of all the variables (use x 1 , x 2 , x 3 , . . . and s 1 , s 2 , s 3 , . . .) and of the objective...
-
Q-RAM Inc. manufactures solid-state drives (SSDs) of two sizes, 500 GB and 1.5 TB. The company can make a total of 60 drives per day, and it has available 120 labor-hours per day. It takes 1...
-
Describe the phenomenon in current accounting practices that has been dubbed the Earnings Game in the article by Justin Fox. Why do companies play this game? Based off this article:...
-
On January 1, 2018, Bark Manufacturing Company Ltd. purchased a machine for $27,500, and expects to use the machine a total of 32,000 hours over the next four years. Bark set the residual value on...
-
Covid and post Covid Economic Recovery for each of the papers you are required to state the following : 1. what was the study about 2. what were the findings 3. list the research gaps and suggest new...
Study smarter with the SolutionInn App