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Tags
#cfa #cfa-level-1 #economics #has-images #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit
Question
In this example the breakeven quantity occurs at point [...]
Answer
B
where price is tangent to the minimum point on the ATC.
where price is tangent to the minimum point on the ATC.
Tags
#cfa #cfa-level-1 #economics #has-images #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit
Question
In this example the breakeven quantity occurs at point [...]
Answer
?
Tags
#cfa #cfa-level-1 #economics #has-images #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit
Question
In this example the breakeven quantity occurs at point [...]
Answer
B
where price is tangent to the minimum point on the ATC.
where price is tangent to the minimum point on the ATC.
If you want to change selection, open original toplevel document below and click on "Move attachment"
In this example the breakeven quantity occurs at output Q BE , which corresponds to point B where price is tangent to the minimum point on the ATC.
Firms strive to reach initial breakeven as soon as possible to avoid start-up losses for any extended period of time. When businesses are first established, there is an initial period where losses occur at low quantity levels. In Exhibit 17, <span>the breakeven quantity occurs at output Q BE , which corresponds to point B where price is tangent to the minimum point on the ATC. (Keep in mind that normal profit as an implicit cost is included in ATC as a fixed cost.) Exhibit 18 shows the breakeven point under perfect competition using the total rev
Parent (intermediate) annotation
Open itIn this example the breakeven quantity occurs at output Q BE , which corresponds to point B where price is tangent to the minimum point on the ATC.
Original toplevel document
Open itFirms strive to reach initial breakeven as soon as possible to avoid start-up losses for any extended period of time. When businesses are first established, there is an initial period where losses occur at low quantity levels. In Exhibit 17, <span>the breakeven quantity occurs at output Q BE , which corresponds to point B where price is tangent to the minimum point on the ATC. (Keep in mind that normal profit as an implicit cost is included in ATC as a fixed cost.) Exhibit 18 shows the breakeven point under perfect competition using the total rev
Summary
| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
|---|---|---|---|---|---|---|---|
| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |
Details
No repetitionsDiscussion
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