1)The maximum profit and maximum revenues occur at the same volume for which of the following...

1)The maximum profit and maximum revenues occur at the same volume for which of the following cases? Price is selling price ($/unit) FC is fixed cost ($/month) Cv is variable cost ($/unit) D is produced and sold quantity (unit/month)

A)FC=60000 PC=60 CV=30

B)FC=60000 PC=60 CV=30-0.01(D)

C)FC=60000 PC=60-0.05(D) CV=30-0.01(D)

D)FC=60000 PC=60-0.05(D) CV=30

2).In which of the following cases price and demand are dependent? Price is selling price ($/unit) FC is fixed cost ($/month) Cv is variable cost ($/unit) D is produced and sold quantity (unit/month)

A)FC=60000 PC=60 CV=30

B)FC=60000 PC=60 CV=30-0.01(D)

C)FC=60000 PC=60-0.05(D) CV=30-0.01(D)

D)FC=60000 PC=60-0.05(D) CV=30

Expert Solution

Rahul Sunny answered 2 years ago

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