$450 $400 $350 $300 $250 $200 $150 $100 $50 Silicon Alley Insider ✔ Chart of the Day Apple Stock Performance Since The Release Of The iPhone Source: Company Fillings (10/14/11) Original iPhone $0 Jan Apr Jul Oct Jan Apr '07 '07 '07 '07 '08 08 iPhone 3G iPhone 3GS iPhone 4 iPhone 45 ا از راه های که به Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct 08 08 09 09 09 09 10 10 10 10 11 11 11 '11

$450 $400 $350 $300 $250 $200 $150 $100 $50 Silicon Alley Insider ✔ Chart of the Day Apple Stock Performance Since The Release Of The iPhone Source: Company Fillings (10/14/11) Original iPhone $0 Jan Apr Jul Oct Jan Apr '07 '07 '07 '07 '08 08 iPhone 3G iPhone 3GS iPhone 4 iPhone 45 ا از راه های که به Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct 08 08 09 09 09 09 10 10 10 10 11 11 11 '11

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: The Basic Tools Of Finance

Section: Chapter Questions

Problem 7PA

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The following is a table of the lawn mowing business. Look at the table below and answer some of the questions! ATC AVC Q 0 1 2 3456 7 8 9 VC $0 2 3.5 5.5 8 11 15 21 29 39 TC $7 9 10.5 12.5 15 18 22 28 36 46 $9 5.25 4.167 3.75 3.6 3.67 4 4.5 5.11 $2 1.75 1.83 2 2.2 2.5 3 3.625 4.33 MC $2 1.5 2 2.5 3 4 6 8 10 a. If the market price for mowing is $9 per grass, how much grass will be cut? How much the profit? Show your answer graphically! b. At what price will the business break even? c. At what price will the business lose, but continue to produce in the short run?
Utilize the following table to answer the following question: O Q-5 O Q-3 Q 0 1 7 8 9 10 Q=4 O Q-1 2 3 4 5 6 TC 30 55 75 85 100 120 145 185. 240 310 395 MC N/A 25 20 10 15 20 25 40 55 70 85 TVC N/A 25 45 55 70 90 115 155 210 280 365 TFC 30 30 30 30 30 30 30 30 30 30 30 AVC N/A 25 22.5 18.33333 17.5 18. 19.16667 22.14286 26.25 31.11111 36.5 ATC N/A 55 Question: Suppose that the prevailing price in the market drops to $16. What output level maximizes profit for the firm? 37.5 28.33333 25 24 24.16667 26.42857 30 34.44444 39.5
3. Markland Manufacturing manufactures desk lamps intends to increase capacity by obtaining newequipment. Two vendors have presented proposals. The purchase cost for proposal A is $30,000,and for proposal B, $80,000. Each proposal will produce lamps of the same quality. Proposal Ais expected to produce lamps at $15.00/lamp, while proposal B is significantly more efficient andwill produce them at $10.00/lamp. The revenue generated by the sale of each lamp is $20.00/unit.a. Plot, on the same graph, the lines describing the potential revenue from each proposal.b. What is the break-even point in lamps for proposal A?c. What is the break-even point in lamps for proposal B?d. What is the point of indifference?e. The manufacturer expects to sell 12,000 lamps and has informed the vendors that it has chosen proposal B. The vendor of proposal A has offered to re-negotiate the purchase price of its proposal in order to win
17-4 Your company has a customer who is shutting down a production line, and it is your responsibility to dispose if the extrusion machine. The compnay could keep it inventory fir a possible future product and estimates that the reservation value is $250,000. Your dealings on the second market lead you to believe that there is a 0.4 chance a random buyer will pay $300,000, a 0.25 chance the buyer will $350,000, 0.1 chance the buyer will pay $400,000, and a 0.25 chance it will not sell. If you must commit to a posted price what price maximizes profits?
5. Kraft is a limited partner of Johnson Enterprises, a limited partnership. As provided in the limited partnershipagreement, Kraft decided to leave the partnership anddemanded that her capital contribution of $20,000 bereturned. At this time, the partnership assets were$150,000 and liabilities to all creditors totaled $140,000.The partnership returned to Kraft her capital contribution of$20,000.a. What liability, if any, does Kraft have to the creditorsof Johnson Enterprises?b. If Johnson Enterprises had been formed as a limitedliability company, what liability, if any, would Krafthave to the creditors of Johnson Enterprises?
Refer to the information provided in Figure 13.6 below to answer the question(s) that follow. Dollars LA 286 43 20 18 16 14 13 11 9 0 MC AVC MR 200 300 350 Number of Baldwin High School yearbooks D 5) Refer to Figure 13.6. The. yearbook is $16. 6) Refer to Figure 13.6. The Memory Company's ATC Figure 13.6 1) Refer to Figure 13.6. The profit-maximizing level of output for the Memory Company is high school yearbooks. 2) Refer to Figure 13.6. The profit-maximizing price for the Memory Company's high school yearbook is 3) Refer to Figure 13.6. The maximum profit level for the Memory Company is level of output is 200 high 4) Refer to Figure 13.6. The Memory Company's school yearbooks. for the Memory Company's high school is $800.
Refer to the data provided in Table 9.1 below to answer the question(s) that follow. Table 9.1 TC MC $50 1010 - N34567 9 1 2 E38888888 TVC TFC $50 $0 50 50 50 50 50 50 8008882 50 30 90 132 186 80 70 20 140 - 20 10 15 95 15 15 112 17 182 AAAARIN 236 AVC BB55558 42 15.50 28 18 22 54 2657 Refer to Table 9.1. If the market price is $42, then in the long run the firm will O operate and expand. Ooperate but not expand. shut down, but not go out of business. go out of business. ATC 2952283 70 40 31.67 30.33 33.71
Question 28 Refer to Figure 2 in Question 26. A profit-maximizing monopolist would earn profits of how much? (don't enter $)
SNJOXNJE1/a/NTE1MDg2Mzk5MDY1/details Open with Google Docs EOQ QUESTIONS Question one Determine optimal number of needles to order, given D = 2,000 units, S = $15 per order, H = $.50 per unit per year. Question Two Calculate the Total annual cost D= 1,500 units Q*=250 units S $10 per order N = 5 orders per year H= $.50 per unit per year T= 50 days. Question Three The following information is given to you D= 19,000 units/yr, H = $4/unit/year, S= $25/order. Calculate the EOQ, Annual holding cost and annual ordering cost. Question Four The following information is given to you, D= 200units/yr; H= $4/unit/lyear, Q= 60. Calculate the annual setupcost. Question Five 1/ 3 1. An auto parts supplier sells Hardy brand batteries to car dealers and auto mechanics. The Page
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-k Refer to the information provided in Figure 13.6 below to answer the question(s) that follow. $ Dollars 20 18 16 14 13 11 9 0 Figure 13.6 4) Refer to Figure 13.6. The Memory Company's school yearbooks. MC MR 200 300 350 Number of Baldwin High School yearbooks 5) Refer to Figure 13.6. The yearbook is $16. 6) Refer to Figure 13.6. The Memory Company's AVC D ATC Q level of output is 200 high for the Memory Company's high school is $800.
e. 0 10 20 11 12 13 14 15 16 17 18 19 20 $160,000 ▼ $160,000 V