Yowzah BidsYowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takesthe bids and creates this graph to bring to the next executive meeting.Bid Plot ($ vs Volume)400000350000300000250000200000150000100000500000 HO1000200030004000-00050009A7000B000800061000011000120001300014000-150001600017000180001900020000D9EYowzah receives a frantic call from company C. Evidently the fixed cost they quoted was in rupees rather than dollars. If the current exchange rate is 60rupees to the dollar, what is the net effect of an updated analysis?O Company C has the highest total cost throughout the range depicted in the graph.O Even beyond the range depicted in the graph, company C would be the bidder of choice.O Company C is the bidder of choice throughout the range depicted in the graph.Company C has the highest fixed cost of all four companies.6-05 D2

Fixed costs remain constant regardless of whether a business produces more or fewer units of a…

Yowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takes the bids and creates this graph to bring to the next executive meeting. Bid Plot ($ vs Volume) 400000 350000 300000 250000 200000 150000 100000 50000

Yowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takes the bids and creates this graph to bring to the next executive meeting. Bid Plot ($ vs Volume) 400000 350000 300000 250000 200000 150000 100000 50000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Yowzah Bids
Yowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takes
the bids and creates this graph to bring to the next executive meeting.
Bid Plot ($ vs Volume)
400000
350000
300000
250000
200000
150000
100000
50000
0 H
O
1000
2000
3000
4000
-
0005
0009
A
7000
B
0008
0006
10000
11000
12000
13000
14000-
15000
16000
17000
18000
19000
20000
D
9
E
Yowzah receives a frantic call from company C. Evidently the fixed cost they quoted was in rupees rather than dollars. If the current exchange rate is 60
rupees to the dollar, what is the net effect of an updated analysis?
O Company C has the highest total cost throughout the range depicted in the graph.
O Even beyond the range depicted in the graph, company C would be the bidder of choice.
O Company C is the bidder of choice throughout the range depicted in the graph.
Company C has the highest fixed cost of all four companies.
6-05 D
2

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