Task No 3In the galenic corpus of the pharmaceutical factory6000 bottles of calendula extract and 4000 bottles ofiodine solution of 5% alcohol are produced every day.a) Draw on Graph. 1 the production possibilitycurve of the given factory.b) In order to modernize the production, newequipment was purchased for increasing the productionof calendula extract up to 15000 bottles. Show the shiftin the production possibility curve of the galenicfactory on the graph.Graph.1 Production possibility curveBottles of iodine solution 5%1200010000800060004000200030006000900012000 | 1500018000 2100024000Bottles of calendula extract Task No 3The company's revenue is 100 000 rubles. The costof materials, raw materials is 35 000 rubles, the cost offuel and energy consumption is 10 000 rubles. Thewages of employees are 25 000 rubles.Having a specialist diploma, an entrepreneur couldreceive a wage as an employee in another company inthe amount of 5000 rubles, while he could put theavailable money (200 000) into the bank at an annualinterest rate of 10%.Calculate the accounting and economic profit ofthis firm:Solution:ANSWER:

Answer: PPF is also known as the production possibility curve, it that the maximum output a firm,…

In the galenic corpus of the pharmaceutical factory 6000 bottles of calendula extract and 4000 bottles of iodine solution of 5% alcohol are produced every day. a) Draw on Graph. 1 the production possibility curve of the given factory. b) In order to modernize the production, new equipment was purchased for increasing the production of calendula extract up to 15000 bottles. Show the shift in the production possibility curve of the galenic factory on the graph.

In the galenic corpus of the pharmaceutical factory 6000 bottles of calendula extract and 4000 bottles of iodine solution of 5% alcohol are produced every day. a) Draw on Graph. 1 the production possibility curve of the given factory. b) In order to modernize the production, new equipment was purchased for increasing the production of calendula extract up to 15000 bottles. Show the shift in the production possibility curve of the galenic factory on the graph.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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