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please discuss this statement
“Thw technical pattern that statistically significant could be economically insignificant.”
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- Small and medium sized contractors are most likely to keep ony____on staffwhen studying the in formation related to Al- Kufa factory itis explained that selling price for one ton is 200 ID and 1- Variable cost for one ton reaching 150 ID 2- Fixed costincluding the project construction costs was 48 million ID 3- Suppose that the designed factory productivity reaches 46000 ton per year for one work shift Find the production volume and the time thatitmust be reach to Break- Even pointc and d part..hand written otherwise skip
- I am having difficulty understanding the concepts in this problem. Can you assist- Student Portal MyCC & CC Ema X 2ECON100C Assignment 1: Attem X i mycc.coquitlamcollege.com/mod/quiz/review.php?attempt-203068&cmid 143217 Harveer Kaur Bran MYCC MyCC Library CC Student Portal English (en) 1.00 Peducton 15 P Flag question 14 ronter 12 6 Coll phones (millons per year) Cell phones (milllons) 3 4 DVDS (millons) 15 14 12 9 5 Possibiity D The figure above shows a production possibilities frontier. In the figure, when the economy moves from point E to point D, what is the opportunity cost of a DVD? Select one: ENG USThe level of output at which average total costs equal áverage revenue or market price is: (a) The shut down output LTH€ breakeveni output O The marginal physical product (d) The marginal value product
- D and E only plzA company has a production capacity of 1100 units a year and its fixed costs are P60k. The variable cost per unit is P500 & each unit can be sold for P800. What if fixed costs is increased to P75k and the variable costs is reduced by 20%, what is new break-even point in units. A. 198 B. 188 C.178 D. 180Please show work for part b (Engineering Economics)
- S. The cost of platinum to be purchased to pport August production is A S198,000 B. S200,160 C. S195,840 D. S391,680 E None of the answers are corectThe ciange in revenueleamed by the business as it employees an additional nit of an input holding otier resource use constant is: (a) Fhe Marginal physical product fb) Fhe Total physical product.- (c) The Average physicał product OThe Marginal value productPlease explain step by step, (Engineering Econ)