The total cost formula for a company can be modeled by TC= 10250 +46x where x...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The total cost formula for a company can be modeled by TC= 10250 +46x where x represents the number of items sold. A formula for the company's total income is modeled with TR = 96x, where a represents the number of items sold. This company will breakeven when its total costs equal its total income. How many items must this company sell to breakeven? Answer: The total cost formula for a company can be modeled by TC= 10250 +46x where x represents the number of items sold. A formula for the company's total income is modeled with TR = 96x, where a represents the number of items sold. This company will breakeven when its total costs equal its total income. How many items must this company sell to breakeven? Answer:
Expert Answer:
Answer rating: 100% (QA)
To find the number of items the company must sell to break even we need ... View the full answer
Related Book For
Posted Date:
Students also viewed these finance questions
-
Stephanie and Cody Riley of Newport Rhode Island desire an annual retirement income of 40000 They expect to live for 30 years past retirement Assuming that the couple could earn a 3 percent aftertax...
-
With U.S. Department of Energy data for selected years from 2000 and projected to 2030, sulphur dioxide emissions from electricity generation (in millions of short tons per year) can be modeled by...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Which of the following is true regarding the cell cycle (Campbell 12.3)? Cells in mitosis will have low levels of the protein cyclin. Cytokinesis occurs before mitosis Mitosis occurs in the S phase...
-
Springer Products wishes to borrow $80,000 from a local bank using its accounts receivable to secure the loan. The bank's policy is to accept as collateral any accounts that are normally paid within...
-
Refer to Problem 105. The figure shows that the interior angle of a regular dodecagon has measure 150, and the apothem equals the radius of the inscribed circle. (a) Find the exact area of a regular...
-
In 2014, political consulting firm Cambridge Analytica developed an app designed to create digital profiles of individuals via their information. Cambridge Analytica collected the data by inviting...
-
Loveless Corporation had the following 2010 income statement. Revenues............................$100,000 Expenses.................................60,000...
-
To determine the kinetics (rates) of ozone depletion reactions, chemists perform controlled laboratory studies. In this simulated lab, we will interpret data obtained from such laboratory experiments...
-
A department store maintains data on customers, products, and purchase records in three tables: CUSTOMER, PRODUCT, and PURCHASE. The store manager wants to find the average price of all distinct...
-
Part 1: Summarize in your own words the argument that it is impossible to engage in the "Veil of Ignorance" thought experiement. PART 2: Explain in detail how Rawls might respond to the argument...
-
Consider and respond to the following from a management perspective. Identify a strength or a weakness of computer-assisted coding (CAC). Briefly explain your point(s), using an example. Identify an...
-
Two airplanes leave an airport at the same time. The velocity of the first airplane is 740 m/h at a heading of 63.4. The velocity of the second is 650 mh at a heading of 184. How far apart are they...
-
What is the NPV, IRR, Payback Period and growth in EPS? Assumptions Annual Output (metric tons) 250,000 Output Gain Per Year Prior Year 2.0% Discount Rate Maximum Possible Output 267,500 Price/Ton...
-
two capacitors are connected in parallel with a 12 v battery until the capacitors are fully charged. Then the battery is disconnected, and a 500 Ohm resistor is connected in place of the battery...
-
Details The following questions will give you a chance to self-evaluste, think about what you've been learning in this course, and drave conclusions about how you can apply your communication skill...
-
2. (50 points) Jack and a Jill are standing on flat ground in front of an empty well that extends a depth s below the ground. Jill tosses a penny down the well with an initial velocity uo, while Jack...
-
(a) How far away can a human eye distinguish two ear headlights 2.0 m apart? Consider only diffraction effects and assume an eye pupil diameter of 5.0 mm and a wavelength of 550 nm. (b) What is the...
-
The Worker Adjustment and Retraining Notification Act (WARN) requires employers with 100 or more employees to provide notification 60 calendar days in advance of plant closings and mass layoffs....
-
Suggest briefly whether each of the following statements about indifference curves that show preferences between goods and services is true or false and defend your answer. A. Consumers prefer higher...
-
Competitive market prices are determined by the interplay of aggregate supply and demand; individual firms have no control over price. Market demand reflects an aggregation of the quantities that...
-
Consider an open economy with flexible exchange rates. Suppose output is at the natural level, but there is a trade deficit. The goal of policy is to reduce the trade deficit and leave the level of...
-
Flexible exchange rates and foreign macroeconomic events Consider an open economy with flexible exchange rates. Let UIP stand for the uncovered interest parity condition. a. In an IS-LM-UIP diagram,...
-
We showed that a reduction in the interest rate in an economy operating under flexible exchange rates leads to an increase in output and a depreciation of the domestic currency. a. How does the...
Study smarter with the SolutionInn App