This topic contains a solution. Click here to go to the answer

Author Question: What are the limitations in using break-even analysis? What will be an ideal ... (Read 64 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
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
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
Thanks for the timely response, appreciate it


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library