1 explain why optimal profits should occur when marginal, Ask an Expert

Management Studies

1. Explain why optimal profits should occur when marginal cost equals marginal revenue.

2. Chambers Company has just gathered estimates for conducting a breakeven analysis for a new product. Variable costs are $7 a unit. The additional plant will cost $48,000. The new product will be charged $18,000 a year for its share of general overhead. Advertising expenditures will be $80,000, and $55,000 will be spent on distribution. If the product sells for $12, what is the breakeven point in units? What is the breakeven point in dollar sales volume?

View complete question

Project Management, Management Studies

Category:- Project Management
Reference No.:- M92058661

Have any Question?Write your Review or question?

Related Questions in Project Management

What are the types of documents required to define

What are the types of documents required to define parameters in a project?

Assessment descriptionyou are required to read a case study

Assessment Description You are required to read a case study based on a fictional company and prepare a Performance Evaluation Video Presentation based on the information contained in the case study. Case Study - DeGrand ...

Topic - identifying the ways to overcome the communication

Topic - Identifying the ways to overcome the communication barriers of international project management students at central Queensland University. Literature review (1000 words) References would be needed in this section ...

Presentation and written assessment -the argumentative

Presentation and Written Assessment - The argumentative essay must be 1500 words in length. The presentation is about 10-15 minutes long depending on the size of the group. Task Description: The objective of this assignm ...

1 what are the limitations in a scrum-of-scrum approach2

1: What are the limitations in a scrum-of-scrum approach? 2: why are corporate culture and values so important to successfully implement an agile project management approach? 3: Can you explain the situation where we mig ...

42908 assessment task - project proposal1 executive summary

42908 Assessment Task - Project Proposal 1. Executive Summary - Brief overview of project, main aim of project, potential findings and conclusions. 2. Introduction - Presents general project area, relevance of project, s ...

How does developing interpersonal skills enhance individual

How does developing interpersonal skills enhance individual and team performance

Leading lean projects assessment case study - continuous

Leading Lean Projects Assessment Case study - Continuous Improvement Introduction - Precision Engineering Works Private Limited (PEW) is an original equipment manufacturer specialising in plastic moulding parts for the t ...

Advanced project risk managementaimthe aim of this

Advanced Project Risk Management Aim: The aim of this assignment is to: demonstrate the understanding of Decision Tree/Expected Monetary Value and the use of the software Precision Tree schedule a project using Oracle Pr ...

How can you assist in determining human resource

How can you assist in determining human resource requirements and How can you contribute to establishing and maintaining productive team relationships?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Project Management Expert