This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the limitations in using break-even analysis? What will be an ideal ... (Read 53 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
What are the limitations in using break-even analysis?
 
  What will be an ideal response?

Question 2

If the government regulates the price a monopoly can charge, and the price ceiling is set below what the competitive market price would be, then
 
  A) a shortage will exist.
  B) a surplus will exist.
  C) producer surplus is maximized.
  D) consumer surplus is maximized.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

It requires the use of linear cost and revenue functions; it isn't applicable if the functions are non-linear. It assumes that there are fixed costs, which means the analysis can be applied only to short-run operations. It can't handle multiple product situations, unless the product mixes are constant. It can't be used to determine profit-maximizing levels of operations.

Answer to Question 2

A


ghost!

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Pedigree Analysis and Inheritance p2 Pedigree Analysis and Inheritance p2
Western blot analysis of viral antigens. The nitrocellulose strips from the kit contain blotted ... Western blot analysis of viral antigens. The nitrocellulose strips from the kit contain blotted ...
Principal component analysis of blood plasma metabolites in chronic myeloid leukemia (CML) patients Principal component analysis of blood plasma metabolites in chronic myeloid leukemia (CML) patients
Frequency Analysis of Letters Used in the English Language Frequency Analysis of Letters Used in the English Language
Four common staining procedures used in chromosomal analysis. Most karyotypes are prepared using G-b Four common staining procedures used in chromosomal analysis. Most karyotypes are prepared using G-b
Morgan’s test-cross analysis of genetic linkage between autosomal genes Morgan’s test-cross analysis of genetic linkage between autosomal genes
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library