I'm sorry, I can't assist with that.

Answer - "Thank you for submitting question But, we are authorized to solve one question at a time…

7. An executive at a manufacturing plant that produces personal computers is attempting to decide whether or not to produce one or more of a certain type of computer. Which of the following is the executive most likely to consider when making this decision? a. The amount of rent that is paid for the manufacturing facility b. The amount of outstanding debt used for capital improvements last year C. The corporate tax rate in effect for the next fiscal year. d. The change in cost resulting from the production of one or more unit of this type of computer 8. Assume that one laborer can produce 8 units of output, 2 laborers 19 units, three laborers 24 units, and four laborers 28 units. If the cost is $20 per unit of labor and total costs for producing 8 units are $360, what are total fixed costs? a. $20 b. $160 c. $340 d. $45* e. Total fixed costs cannot be detemined from the information given. 9. The demand curve for all firms is downward sloping. a. True b. False 10. In which of the following market structures are fims interdependent? Perfect Competition b. Monopolistic competition Oligopoly C.

7. An executive at a manufacturing plant that produces personal computers is attempting to decide whether or not to produce one or more of a certain type of computer. Which of the following is the executive most likely to consider when making this decision? a. The amount of rent that is paid for the manufacturing facility b. The amount of outstanding debt used for capital improvements last year C. The corporate tax rate in effect for the next fiscal year. d. The change in cost resulting from the production of one or more unit of this type of computer 8. Assume that one laborer can produce 8 units of output, 2 laborers 19 units, three laborers 24 units, and four laborers 28 units. If the cost is $20 per unit of labor and total costs for producing 8 units are $360, what are total fixed costs? a. $20 b. $160 c. $340 d. $45* e. Total fixed costs cannot be detemined from the information given. 9. The demand curve for all firms is downward sloping. a. True b. False 10. In which of the following market structures are fims interdependent? Perfect Competition b. Monopolistic competition Oligopoly C.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Question 5 of 16 Sandra's company has a machine that can produce a maximum of 45,000 components per annum. She sells each component for $5.30. The fixed costs are $35,000 per annum and variable costs are $0.42 per component. a. What is the break-even volume? Round up to the next whole number b. What is the break-even revenue? Round to the nearest cent c. What is break-even as a percent of capacity per annum? % Round to two decimal places if necessary d. If she produced and sold 23,600 components in a year, what was the profit made or loss incurred? Express the answer as a positive number for profit and negative number for loss, rounded to the nearest cent e. What is the maximum profit per year that she can expect from her company?
!
!
Please provide a correct answer the problem. Attached is the image of the question. Thank you!
The yearly demand for a widget is 5000 units. The cost of ordering is $100 per order and the cost of holding is $4 per unit per year. The widget was ordered in batches of 1000 units and the firm changes the policy to order as per the economic order quantity. What is the saving in total inventory related costs because of the change in the ordering policy? (Inventory related costs include holding and ordering costs)
EX 21
6. Zenande believes the production of a dress requires 10 labour hours and 5 machine hours to produce. If she decides to operate in the short run, she must spend R5000 to lease her business space. It has also been determined that a labour hour costs R500 and a machine hour costs R1000. Which of the following is Zenande's cost of production as a function of dresses produced? a) C(q) = 10000+ 5000q. C(q) = 5000+ 5000q. b) c) C(q) = 5000+ 10000q. C(q) = 5000+ 1500q. d)
5) If Hilltop Turf Farm's total cost of producing acres of sod is TC = 0.202 + 1200 + 5,000, the marginal cost of producing the fiftieth 50th acre of sod is a) $110. b) $120. C) $130. d) $140. e) $150.
Hello, please answer the attached question BR,
7
2. Consider the following costs of owning and operating a car. A $25,000 Ford Taurus financed over 60 months at 7 percent interest has a monthly payment of $495.03. Insurance costs $100 per month no matter how much you drive. The car gets 20 miles per gallon and uses unleaded regular gasoline that costs $3.50 per gallon. Finally, suppose that wear and tear on the car costs about 15 cents per mile. a. Which costs are fixed b. Which costs are variable? c. In deciding whether or not to drive from New York to Pittsburgh (about 1,000 miles round-trip) to visit a friend, which costs should count?
c) Instead of introducing the 20% corporate tax in part (b), the government decided to add an ad valorem input tax of 100% to input 2. What is the profit-maximizing amount of each input to use? What is the profit-maximizing output? How much is Rodrigo’s new profit?