1. Compute the total cost and total revenue for each company? 2. Find the break-even point for each company? 3. Draw the break-even chart? 4. Which company do you choose to invest your money in? Why? 450 400 350 300 250 200 150 100 50 10 15 20 25 30 3. Il-Consider the graph of the linear equation in the accompanying figure:

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
100%
71%
1. Compute the total cost and
total revenue for each
company?
2. Find the break-even point
for each company?
3. Draw the break-even chart?
4. Which company do you
choose to invest your
money in? Why?
450
400
350
300
250
200
150
100
50
5
10
15
20
25
30
3.
Il-Consider the graph of the
linear equation in the
accompanying figure:
Transcribed Image Text:71% 1. Compute the total cost and total revenue for each company? 2. Find the break-even point for each company? 3. Draw the break-even chart? 4. Which company do you choose to invest your money in? Why? 450 400 350 300 250 200 150 100 50 5 10 15 20 25 30 3. Il-Consider the graph of the linear equation in the accompanying figure:
71%
Il-Consider the graph of the
linear equation in the
accompanying figure:
1. Find the equation of the
line?
2. Is the graph representing a
directly proportional
relation between its
variables? Justify your
answer?
3. This line can be a graph of
the demand curve, supply
curve or cost model? if it is
demand or supply curve
then find its slope but if it
is cost model then find its
fixed cost and the cost per
each item?
4. Find the cost ( or price)
that corresponds to the
quantity 30 ?
Transcribed Image Text:71% Il-Consider the graph of the linear equation in the accompanying figure: 1. Find the equation of the line? 2. Is the graph representing a directly proportional relation between its variables? Justify your answer? 3. This line can be a graph of the demand curve, supply curve or cost model? if it is demand or supply curve then find its slope but if it is cost model then find its fixed cost and the cost per each item? 4. Find the cost ( or price) that corresponds to the quantity 30 ?
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