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Economics of Enterprise
2.Southwest Airlines is known for offering cut-rate promotional fares to build customer awareness, increase market share and boost revenues in new markets. Would you expect total revenue to be maximized at an output level that is typically greater than or less than the short-run profit-maximizing output level? Is such an approach incompatible with long-run profit maximization?
Economics of Enterprise
“Cash transfer programmes could influence the behaviour of recipients in ways that could undermine the poverty‐alleviating effects and cost‐effectiveness of these interventions” (Black et al. 2017).
Do you agree with this statement?
Do you agree with this statement?
Economics of Enterprise
A hamburger producing company’s variable cost per hamburger Is 15.50 taka and fixed cost is
2, 20,000/- taka. The company’s expected sales of hamburger are 40,000 pieces. Based on this context,
answer the following questions:
Q1: How many hamburgers the company has to sell to achieve neither profit nor loss situation? (show
the step by step calculation)
Q2: What is the minimum number of hamburgers the company has to sell to make profit?
Q3: How many hamburgers the company has to sell to incur minimum amount of loss?
2, 20,000/- taka. The company’s expected sales of hamburger are 40,000 pieces. Based on this context,
answer the following questions:
Q1: How many hamburgers the company has to sell to achieve neither profit nor loss situation? (show
the step by step calculation)
Q2: What is the minimum number of hamburgers the company has to sell to make profit?
Q3: How many hamburgers the company has to sell to incur minimum amount of loss?
Economics of Enterprise
Scenario-1: A hamburger producing company's variable cost per hamburger is 15.50 taka and fixed cost is 2,20,000/- taka. The company's expected sales of hamburger are 40,000 pieces. Based on this context, answer the following questions: Q1: How many hamburgers the company has to sell to achieve neither profit nor loss situation? (show the step by step calculation) Q2: What is the minimum number of hamburgers the company has to sell to make profit? Q3: How many hamburgers the company has to sell incus minimum amount of loss?
Economics of Enterprise
Explain the factors that are involved in the construction of motorway
Economics of Enterprise
Show in a diagram what would be a disequilibrium situation in a perfectly
competitive market
Economics of Enterprise
The three major flows in any economy are …
[1] income, spending and saving.
[2] income, government spending and consumption.
[3] spending, production and investment.
[4] production, income and spending.
[1] income, spending and saving.
[2] income, government spending and consumption.
[3] spending, production and investment.
[4] production, income and spending.
Economics of Enterprise
Given TC = 100 + 60Q – 12Q2 + Q3. Find
a. The equations of the TVC, AVC, and MC functions.
b. The level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
c. Find the AVC and MC for the level of output at which the AVC curve is minimum.
a. The equations of the TVC, AVC, and MC functions.
b. The level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
c. Find the AVC and MC for the level of output at which the AVC curve is minimum.
Economics of Enterprise
Given TC = 100 + 60Q – 12Q2 + Q3. Find
a. The equations of the TVC, AVC, and MC functions.
b. The level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
c. Find the AVC and MC for the level of output at which the AVC curve is minimum.
a. The equations of the TVC, AVC, and MC functions.
b. The level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
c. Find the AVC and MC for the level of output at which the AVC curve is minimum.
Economics of Enterprise
The Ford F-150 (best selling vehicle in the U.S. for the last three decades) is currently priced at
about $40, 000 to $45, 000. Show what would likely happen to the amount of vehicles
offered for sale if the vehicle price went up to $52, 000.
about $40, 000 to $45, 000. Show what would likely happen to the amount of vehicles
offered for sale if the vehicle price went up to $52, 000.
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#339914 on Dec 2023
#339914 on Dec 2023