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STatiana [176]
2 years ago
10

Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the marginal revenue for a product is MR = 1

500 and the marginal cost is MC = 30 x + 4 , with a fixed cost of $900. (a) Find the profit or loss from the production and sale of 5 units.
Business
1 answer:
n200080 [17]2 years ago
3 0

Answer:

Profit 6,130

Explanation:

MC = 30X + 4

when X=5

Cost to produce 5 units:

We will need to calcualte the MC for 1, 2 , 3, 4 and 5 units and then add them together

MC = 30(5) + 4 = 150 + 4 = 154

MC = 30(4) + 4 = 150 + 4 = 124

MC = 30(3) + 4 = 150 + 4 =  94

MC = 30(2) + 4 = 150 + 4 =  64

MC = 30(1) + 4 = 150 + 4 =   34

Total                                   470

Giving this, now anther way, more easy would be to use the Gauss method to a summatory:

S=\frac{n\times(n+1)}{2}

S to 5 from 1 of (30x+4) =

30 \times \frac{5\times6}{2} +4 \times 5

S = 470

Now we can continue:

Total Marginal cost 470 + Fixed Cost: 900 = 1370

MR = 1500 revenue for adding 1 unit

1500 x 5 = 7500 total revenue

total revenue - total cost = profit

7500 - 1370 = 6,130

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Answer:

= $ 219,657.43

Explanation:

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P = Periodic payment = $ 20,000

r = Periodic interest rate = 0.08

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FV = $ 60,000 x [(1+ 0.08)20 -1/0.08]

  = $ 60,000 x [(1.08)20 -1/0.08]

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= $ 60,000 x 45.7619642981163

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FV of annuity due =(1+r) x P x [(1+r) n -1/r]

                              = (1+0.08) x $ 2,745,717.85788698

                              = 1.08 x $ 2,745,717.85788698

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Difference in FV of ordinary annuity and annuity due

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3 0
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The order from least risky to most risky would be:

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Answer:

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Explanation:

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