Breakeven level of daily output for the firm, Macroeconomics

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Breakeven level of daily output for the firm

Tetrangle Manufacturing has fixed costs of $2,160 per day. The firm manufactures bicycle component upgrade kits. The kits have a short-run average variable cost of $48 and are sold for $66 each.

i) What is the breakeven level of daily output for the firm?

ii) What is the degree of operating leverage when daily output is Q = 170?

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Macroeconomics: Breakeven level of daily output for the firm

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Macroeconomics: Breakeven level of daily output for the firm

Reference No:- TGS069682

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

Q : Calculation economic profit and the accounting profit

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Macroeconomics: Breakeven level of daily output for the firm

Reference No:- TGS069682

Recent Questions Asked Macroeconomics

Q : Calculation economic profit and the accounting profit

Q : Invoke the substance-over-form principle

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