ᴀ ᴄᴏᴍᴘᴀɴʏ ʜᴀꜱ ᴀ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴄᴀᴘᴀᴄɪᴛʏ ᴏꜰ 500 ᴜɴɪᴛꜱ ᴘᴇʀ ᴍᴏɴᴛʜ ᴀɴᴅ ɪᴛꜱ ꜰɪxᴇᴅ ᴄᴏꜱᴛꜱ ᴀʀᴇ ᴘʜᴘ 300,000. ᴛʜᴇ ᴠᴀʀɪᴀʙʟᴇ ᴄᴏꜱᴛꜱ ᴘᴇʀ ᴜɴɪᴛ ᴀʀᴇ ᴘʜᴘ 1150 ᴀɴᴅ ᴇᴀᴄʜ ᴜɴɪᴛ ᴄᴀɴ ʙᴇ ꜱᴏʟᴅ ꜰᴏʀ ᴘʜᴘ 2000. ᴅᴇᴛᴇʀᴍɪɴᴇ ᴛʜᴇ ꜰᴏʟʟᴏᴡɪɴɢ: ᴀ. ʙʀᴇᴀᴋ-ᴇᴠᴇɴ ᴘᴏɪɴᴛ ʙ. ᴡʜᴀᴛ ɪꜱ ᴛʜᴇ ɴᴇᴡ ʙʀᴇᴀᴋ-ᴇᴠᴇɴ ᴘᴏɪɴᴛ ɪꜰ ᴛʜᴇ ꜰɪxᴇᴅ ᴄᴏꜱᴛꜱ ᴀʀᴇ ɪɴᴄʀᴇᴀꜱᴇᴅ ʙʏ 10% ᴀɴᴅ ᴛʜᴇ ᴠᴀʀɪᴀʙʟᴇ ᴄᴏꜱᴛ ɪꜱ ɪɴᴄʀᴇᴀꜱᴇᴅ ʙʏ 15%?
ᴀ ᴄᴏᴍᴘᴀɴʏ ʜᴀꜱ ᴀ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴄᴀᴘᴀᴄɪᴛʏ ᴏꜰ 500 ᴜɴɪᴛꜱ ᴘᴇʀ ᴍᴏɴᴛʜ ᴀɴᴅ ɪᴛꜱ ꜰɪxᴇᴅ ᴄᴏꜱᴛꜱ ᴀʀᴇ ᴘʜᴘ 300,000. ᴛʜᴇ ᴠᴀʀɪᴀʙʟᴇ ᴄᴏꜱᴛꜱ ᴘᴇʀ ᴜɴɪᴛ ᴀʀᴇ ᴘʜᴘ 1150 ᴀɴᴅ ᴇᴀᴄʜ ᴜɴɪᴛ ᴄᴀɴ ʙᴇ ꜱᴏʟᴅ ꜰᴏʀ ᴘʜᴘ 2000. ᴅᴇᴛᴇʀᴍɪɴᴇ ᴛʜᴇ ꜰᴏʟʟᴏᴡɪɴɢ: ᴀ. ʙʀᴇᴀᴋ-ᴇᴠᴇɴ ᴘᴏɪɴᴛ ʙ. ᴡʜᴀᴛ ɪꜱ ᴛʜᴇ ɴᴇᴡ ʙʀᴇᴀᴋ-ᴇᴠᴇɴ ᴘᴏɪɴᴛ ɪꜰ ᴛʜᴇ ꜰɪxᴇᴅ ᴄᴏꜱᴛꜱ ᴀʀᴇ ɪɴᴄʀᴇᴀꜱᴇᴅ ʙʏ 10% ᴀɴᴅ ᴛʜᴇ ᴠᴀʀɪᴀʙʟᴇ ᴄᴏꜱᴛ ɪꜱ ɪɴᴄʀᴇᴀꜱᴇᴅ ʙʏ 15%?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
ᴀ ᴄᴏᴍᴘᴀɴʏ ʜᴀꜱ ᴀ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴄᴀᴘᴀᴄɪᴛʏ ᴏꜰ 500 ᴜɴɪᴛꜱ ᴘᴇʀ ᴍᴏɴᴛʜ ᴀɴᴅ
ɪᴛꜱ ꜰɪxᴇᴅ ᴄᴏꜱᴛꜱ ᴀʀᴇ ᴘʜᴘ 300,000. ᴛʜᴇ ᴠᴀʀɪᴀʙʟᴇ ᴄᴏꜱᴛꜱ ᴘᴇʀ ᴜɴɪᴛ
ᴀʀᴇ ᴘʜᴘ 1150 ᴀɴᴅ ᴇᴀᴄʜ ᴜɴɪᴛ ᴄᴀɴ ʙᴇ ꜱᴏʟᴅ ꜰᴏʀ ᴘʜᴘ 2000. ᴅᴇᴛᴇʀᴍɪɴᴇ
ᴛʜᴇ ꜰᴏʟʟᴏᴡɪɴɢ:
ᴀ. ʙʀᴇᴀᴋ-ᴇᴠᴇɴ ᴘᴏɪɴᴛ
ʙ. ᴡʜᴀᴛ ɪꜱ ᴛʜᴇ ɴᴇᴡ ʙʀᴇᴀᴋ-ᴇᴠᴇɴ ᴘᴏɪɴᴛ ɪꜰ ᴛʜᴇ ꜰɪxᴇᴅ ᴄᴏꜱᴛꜱ ᴀʀᴇ
ɪɴᴄʀᴇᴀꜱᴇᴅ ʙʏ 10% ᴀɴᴅ ᴛʜᴇ ᴠᴀʀɪᴀʙʟᴇ ᴄᴏꜱᴛ ɪꜱ ɪɴᴄʀᴇᴀꜱᴇᴅ ʙʏ 15%?
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