Economics - Break Even Analysis

Calculate the break-even points (at various price levels) and the operating leverage for the software and keyboard divisions. State and explain the assumptions you made when performing these calculations. Describe how the break-even quantities and operating leverages are affected by the relationships between fixed and variable costs. Explain what will happen to company profits if sales in the software and keyboard divisions increase at the same rate, and identify which division will have the fastest growth in profits. Describe how expanding the division with the highest operating leverage would affect the company's risk position. For the sound-card division, calculate the profits ass... click for more

Cost Analysis

See attached file for full problem description. Quantity Total Cost Fixed Cost Variable Cost (VC) Average Fixed Cost (AFC) Average Variable Cost (AVC) Average Total Cost (ATC) Marginal Cost 0 3 6 1 5 6 2 8 6 3 12 6 4 17 6 5 23 6 6 30 6 7 38 6 8 47 6 Find the VC, AFC, AVC, ATC, & MC for the above. I just discovered a formula that allows anyone to complete all of their economics assignments in half an hour.  I have already sold 200 doses and face the following cost structure:                     Q ATC ($) 199 199 200 200 201 201 A student in eco 533 offers me $300 for one dose.  Should I produce... click for more

Profit Maximization -A firm is considering building a bridge

Please see the attachment.

Short Run

In the short run, shouldn't one produce as long as fixed costs are being covered? I'm confused on this. WHich costs should you be concerned with for the short run? fixed, total, average variable, overhead, average fixed? there are so many.

Isoquant Curve

Where on a isoquant curve is least cost production achieved? Is it where the curve intersects the isocost line? or where?