A start-up mobile phone manufacturer who produces mother boards has fixed of $320,000 per year and variable costs are $1l per unit. An outside firm can bu same wheel chair at a cost of $22 per unit with annual fixed costs of $6,000. Considering cost alone - what is the quantity where making the wheel chairs an buying them are equal? Round your answer to the nea
A start-up mobile phone manufacturer who produces mother boards has fixed of $320,000 per year and variable costs are $1l per unit. An outside firm can bu same wheel chair at a cost of $22 per unit with annual fixed costs of $6,000. Considering cost alone - what is the quantity where making the wheel chairs an buying them are equal? Round your answer to the nea
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 8SQP
Related questions
Question
100%
plz solve it within 30-40 mins I'll upvote your answer
![A start-up mobile phone manufacturer who produces mother boards has fixed costs
of $320,000 per year and variable costs are $1l per unit. An outside firm can build the
same wheel chair at a cost of $22 per unit with annual fixed costs of $6,000.
Considering cost alone - what is the quantity where making the wheel chairs and
buying them are equal?
Round your answer to the nearest
whole number, no decimals.
If demand is expected to be 25,000 should we make or buy? |1
Enter either the word make or the word buy
Round your answer to the nearest whole number, no decimals.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F85d39e07-2337-4f85-979b-f38ed69397b1%2Fed69f91e-2a9f-4745-9e66-d2b943151fc2%2F4eaj15_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A start-up mobile phone manufacturer who produces mother boards has fixed costs
of $320,000 per year and variable costs are $1l per unit. An outside firm can build the
same wheel chair at a cost of $22 per unit with annual fixed costs of $6,000.
Considering cost alone - what is the quantity where making the wheel chairs and
buying them are equal?
Round your answer to the nearest
whole number, no decimals.
If demand is expected to be 25,000 should we make or buy? |1
Enter either the word make or the word buy
Round your answer to the nearest whole number, no decimals.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Micro Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613064/9781337613064_smallCoverImage.gif)
![Survey Of Economics](https://www.bartleby.com/isbn_cover_images/9781337111522/9781337111522_smallCoverImage.gif)
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
![Micro Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613064/9781337613064_smallCoverImage.gif)
![Survey Of Economics](https://www.bartleby.com/isbn_cover_images/9781337111522/9781337111522_smallCoverImage.gif)
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
![Managerial Economics: Applications, Strategies an…](https://www.bartleby.com/isbn_cover_images/9781305506381/9781305506381_smallCoverImage.gif)
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![Principles of Microeconomics](https://www.bartleby.com/isbn_cover_images/9781305156050/9781305156050_smallCoverImage.gif)
Principles of Microeconomics
Economics
ISBN:
9781305156050
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning