ECO 550 Assumption of The Linear Breakeven Model project

ECO 550 Assumption of The Linear Breakeven Model project

Order ID 53563633773
Type Essay
Writer Level Masters
Style APA
Sources/References 4
Perfect Number of Pages to Order 5-10 Pages
Description/Paper Instructions

PART 1

  1. Which of the following is not an assumption of the linear breakeven model:
  2. constant selling price per unit
  3. decreasing variable cost per unit
  4. fixed costs are independent of the output level
  5. a single product (or a constant mix of products) is being produced and sold
  6. all costs can be classified as fixed or variable
  7. Theoretically, in a long-run cost function:
  8. all inputs are fixed
    b. all inputs are considered variable
    c. some inputs are always fixed
    d. capital and labor are always combined in fixed proportions
  9. George Webb Restaurant collects on the average $5 per customer at its breakfast & lunch diner. Its variable cost per customer averages $3, and its annual fixed cost is $40,000.  If George Webb wants to make a profit of $20,000 per year at the diner, it will have to serve__________ customers per year.
  10. 10,000 customers
  11. 20,000 customers
  12. 30,000 customers
  13. 40,000 customers
  14. 50,000 customers
  15. In a study of banking by asset size over time, we can find which asset sizes are tending to become more prominent.  The size that is becoming more predominant is presumed to be least cost. This is called
  16. regression to the mean analysis.
  17. breakeven analysis.
  18. survivorship analysis.
  19. engineering cost analysis.
  20. a Willie Sutton analysis

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