Explain the Diagram in bullets form. CostBuy option$105,500$18,250- Make option$87,250$86,250Make optionis more cost-effective$25,000Buy option ismore cost-effective$500Quantity12,25015,000Break-evenQuantity neededquantity

The explanation of the graph in bullet points is below:

Answered: Explain the Diagram in bullets form.

Business

Economics

Explain the Diagram in bullets form.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: 4. Small Open Economy and trade deficit Suppose that Ecuador is a small open economy running a trade…

A: The trade deficit is the situation in the economy when the imports in the economy exceed the exports…

Q: please could i see a diagram for each?

A: Expansion path is defined as the locus of the least cost combination of inputs for producing…

Q: Company A plans to replace with one of their current equipment with one of the three options shown…

A: The image below contains the formula behind the cells:

Q: 1) 2) Graph a Monopoly, make sure to include the Price, Quantity, Demand, MR, MC, ATC, and Profit…

A: A monopoly is defined as a market structure in which there is only one firm in the industry. The…

Q: The following questions focus on the exchange rate between the Malaysian ringgit and the Danish…

A: Inflation defines a increase in aggregate prices in an economy. Exchange rate means a price with…

Q: What is the effect of a Federal Reserve open market sale? What happens to interest rates in the…

A: A Fed open market sale is when the Federal Reserve sells assets to market participants like…

Q: You are the manager of a train company. Recently total sales have been a bit low and you are now…

A: In business economics. total revenue test is employed to determine whether the demand for a good or…

Q: Answer ALL questions. Kremi Ice Cream Factory manufactures vanilla ice cream and chocolate ice…

A: Market equilibrium is the situation in an economy where the supply of a product or service is equal…

Q: only part b, c, d (please draw the graph manually if you can)

A: A small open economy is one that engages in international commerce but is sufficiently unimportant…

Q: the numbers inputed on the graph are correct so far

A: Approach to solving the question: Detailed explanation: Examples: Key references:

Q: 12 20 40 66 80 l00 120 140 Quautity Pujce

A: first of all take price of y axis and quantity demanded on x axis. Takes the value from 20 to 140 on…

Q: What can be concluded from the graph?

A: The government consumption final consumption expenditure is a metric used to calculate the value of…

Q: Suppose that Kat likes arrows and food. Kat's potential indifference curves for these two goods are…

A: An indifference curve is used to explain the law of diminishing marginal utility that applies to…

Q: Could you add some graphs as wel

A: The economy of South Africa is a dynamic, multifaceted system that has a big impact on both the…

Q: 21. Correctly label the x-axis and y-axis with the tems price and quantity. 22. Assign values for…

A: Given Price and quantity schedule Quantity Supplied Price 600 10 1200 15 2100 20 3000…

Q: Consider a world composed of two countries, Home (H) and Foreign (F). Individuals living in each…

A: Note: According to the question, subparts c to g are to be answered but due to the guidelines, only…

Q: On a tour guide map of Madagascar, the scale states that 3 inches represents 125 miles. Two beaches…

A: 3 inches= 125 miles

Q: b): Complete the following table and also show AC and MC graphically. TFC TVC TC MC AFC AVC AC 100…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: efer to Exhibit 2-5. The opportunity cost of moving from point A to point B is approximately a.…

A: The opportunity cost refers to the cost of next best alternate or in other words, it is opportunity…

Q: explain with diagram

A: The measure that depicts the percentage change in quantity demanded of goods with respect to price…

Q: A. The government cuts the personal income tax B. Firms expect a recession in the coming years C. A…

A: A. If the government cut down on taxes, it would result in the higher income for the consumer to be…

Q: Remaining "How Did I Do?" Uses: 2/5 Two groups of.students decide to start their own tutoring…

A: Total cost is the sum of fixed and variable costs.

Q: Can you please either solve the question or explain what his diagram means.

A: Demand is the total quantity of commodities and services for which the consumers are ready to pay…

Q: Assume the following data describe the gasoline market: $3.50 $3.25 $3.00 $2.75 | S2.50 | $2.25…

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

Q: 3. Explain under each of the situation, a firm working under a perfectly competitive market would…

Q: i. The elasticity of demand for beer in country A is 1.8 and the elasticity of demand for beer in…

A: The elasticity of demand for a beer in country B is 1.8The elasticity of demand for beer in country…

Q: Draw Design Layout References Mailings Review View Help Part III: Changes in Equilibrium (Supply…

A: 17. $2.5 18. 175 19. Change in supply 20. Increase 21. Decrease 22. Increase

Q: IS FIGURE 1. IS FIGURE 2. LM LM

A: Figure 1. Shows the IS curve and the LM curve. The IS curve depicts the saving-investment curve…

Q: Consider the market for home improvements. If the cost of wood increases sharply, then the (demand…

A: Demand is the quantity of the commodity or service that consumers buy at various price points during…

Q: Prepare a graph to shows your order point determination.

A: Calculation of the reorder point of order:- Reorder point = [Average inventory cost per day * time…

Q: Market research has revealed the given information about the market for chocolate bars: demand E…

A: Qd = 18 - 2P => P = (18 -Qd) /2 => P = 9 - 0.5Qd and Qs = 3 + P => P = Qs - 3…

Q: The cash flow diagram below shows the net cash generated (A) every year with initial (1) investment…

A: Given, A Cashflow diagram where A is net cash generated every yearI is the initial investmentLife…

Q: A set of cash flows begins at $20,000 the first year, with an increase each year until n = 10 years.…

A: (a) annual increase is $2000 Present value of cash flow = cash flow(1+r)n Year Cash Flow Present…

Q: Answer in reference to diagram

A: The graph shows equilibrium price = $ 4, at which quantity demanded is equal to quantity supplied.As…

Q: Question 6 (1) Explain why a BBB corporate bond is likely to have a higher yield than a AAA…

A: A bond represents an investment where an investor lends money to an entity, usually a government or…

Question

100%

Explain the Diagram in bullets form.

Cost
Buy option
$105,500
$18,250- Make option
$87,250
$86,250
Make option
is more cost-
effective
$25,000
Buy option is
more cost-effective
$500
Quantity
12,250
15,000
Break-even
Quantity needed
quantity

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

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.

Similar questions

An analysis tool applicable when the breakeven analysis does not fit the project situation. a. Multiplot O b. Riskplot Ос. Spiderplot O d. Webplot
Q1. Calculate EOQ and plot a graph with the following information. Annual Usage= 1600 units Holding Cost $8 unit/yr Ordering Cost = $100 unit/yr > Price of per Unit= $50 Number of Units 1600 800 400 200 100 80 50 Number of Order 1 2 4 8 16 20 32
The Pear company produces and sells pPhones. Their production costs are $290000 plus $180 for each pPhone they produce, but they can sell the pPhones for $250 each. How many pPhones should the Pear company produce and sell in order to break even? The break-even number of pPhones is Preview
Choosing the most economical material for a part then show your solutions.
Solve it correctly
The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand. Item Lead Time Amounton Hand Direct Components End 1 0 L(2), C(1), K(3) L 2 10 B(2), J(3) C 3 15 G(2), B(2) K 3 20 H(4), B(2) B 2 30 J 3 30 G 3 5 H 2 0 Click here for the Excel Data File a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don’t need to develop an MRP plan.) b. An order for the end item is scheduled to be shipped at the start of week 8. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don’t need to develop an MRP plan.)
AN EXECUTIVE RECEIVES AN ANNUAL SALARY OF P600,000 AND HIS SECRETARY A SALARY OD 180,000.A CERTAIN TASK CAN BE PERFORMED BY THE EXECUTIVE WORKING ALONE IN FOUR HOURS. IF HE DLEGATES THE TASK TO HIS SECRETARY WILL REQUIRE HIM 30 MINS TO EXPLAIN THE WORK AND ANOTHER 45MINS TO CHECK THE WORK. DUE TO THE UNFAMILIARITY OF THE SECRETARY TO DO TASK, IT TAKES HER AN ADDITIONAL TIME OF 6HOURS AFTER BEING INSTRUCTED. CONSIDERING SALARY COST ONLY, DETERMINE THE COST OF PERFORMING THE TASK BY EACH METHOD, IF THE SECRETARY WORKS 2400HOURS A YEAR AND THE EXECUTIVE 3000 HOURS A YEAR. COST OF PERFORMING THE TASK: SECRETARY WORKING WITH EXECUTIVE
True or False 1. The breakeven point always maximizes the profit. 2. Selecting the best alternative always depends on the economy under study, rather than the total costs.
Solve. Show complete solution.
The AW value for Design A is $ /mi. (Round to the nearest hundreds.) The PW value for Design A is $ /mi. (Round to the nearest hundreds.) The AW value for Design B is $ /mi. (Round to the nearest hundreds.) The PW value for Design B is $ /mi. (Round to the nearest hundreds.) The most economical design on the basis of AW and PW is
(a) Q1: Examine the data in the Table below and determine the lifetimecosts of this hybrid vehicle. b) As logistics manager, you’re considering the following alternativevehicle for your fleet. What are its lifetime costs in comparison withthe hybrid vehicle? c) Calculate the indifference point between the two vehicle designsand the expected age of the vehicles at this point. d) Which car should you choose if you intend to own it for longer thanthis time?
Chambers Company has just gathered estimates forconducting a break-even analysis for a new product.Variable costs are $7 a unit. The additional plant willcost $48,000. The new product will be charged $18,000a year for its share of general overhead. Advertisingexpenditures will be $80,000, and $55,000 will be spenton distribution. If the product sells for $12, what is thebreak even point in units? What is the break even pointin dollar sales volume?