Answer to Question #295573 in Economics for chaaaa

Question

1. In its first year, “Helen Trading” had the following experience:

Unit selling price birr 100 Sales 50,000 units

Total fixed cost birr 400,000 TVC birr 3,000,000

Required:

a) Develop TR, TC and profit functions for the company in terms of quantity

b) Find the breakeven point in terms of quantity and sales volume.

c) If profit had been br. 500,000 what would have been the sales volume (Revenue) and quantity of sales.

d) What would have been the profit if sales are br. 2,000,000

e) Draw Breakeven chart and discuss about it

Answer 1

It's been a while since this question is posted here. Still, the answer hasn't been got. Consider converting this question to a fully qualified assignment, and we will try to assist. Please click the link below to proceed: Submit order