MGEB11H3 Lecture Notes - Lecture 8: Graduate Management Admission Test, Polish Basketball League
38 views33 pages
5 Jan 2016
School
Department
Course
Professor
Get access
Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers
Related Documents
Related Questions
2. Does this fourth shirt earn an operating profit or impose an operating loss? How large is it?
3. What is the change in total revenue from lowering the price to sell seven rather than six shirts in each color each day? In what sense is the decision to sell this seventh shirt a âbreak pointâ?
8. At 14 shirts per day, the margin is positive. But what is the operating profit or loss on the 14th? The 12th? The 10th shirt?
Quantity | Price | Revenue | Marginal Rev | Variable Cost |
0 | 50 | 0 | 0 | 28 |
1 | 48 | 48 | 48 | 28 |
2 | 46 | 92 | 44 | 28 |
3 | 45 | 135 | 43 | 28 |
4 | 44 | 176 | 41 | 28 |
5 | 42 | 210 | 34 | 28 |
6 | 40 | 240 | 30 | 28 |
7 | 38.31 | 268.17 | 28 | 28 |
8 | 36.5 | 292 | 24 | 28 |
9 | 34.5 | 310.5 | 19 | 28 |
10 | 32.7 | 327 | 16 | 28 |
11 | 30.91 | 340.01 | 13 | 28 |
12 | 29.17 | 350.04 | 10 | 28 |
13 | 27.46 | 356.98 | 7 | 28 |
14 | 25.79 | 361.06 | 4 | 28 |
15 | 24.07 | 361.05 | 0 | 28 |
16 | 22.5 | 360 | -1 | 28 |