The annual fixed cost of a product is 5 million yuan, the sales unit price is 4000 yuan, and the sales revenue is 8 million yuan, resulting in a loss of 500000 yuan

The annual fixed cost of a product is 5 million yuan, the sales unit price is 4000 yuan, and the sales revenue is 8 million yuan, resulting in a loss of 500000 yuan


Breakeven point sales = fixed cost / (sales price unit variable cost)
From the known loss of 500000, calculate the unit variable cost X
Sales volume = 8000000 / 4000 = 2000
-500000=8000000-2000*X-5000000
X=1750
Therefore, breakeven sales = 5000000 / (4000-1750)
=2222.22



The market is going to reduce the price of a TV set with the original price of 4000 yuan. It is known that the cost price of the TV set is 3000 yuan,
How much discount can we get at most for this kind of TV set without losing money?


The answers are as follows:
() discount = prepared selling price / original selling price * 10
For example: 3200 (sold price) / 4000 (original price) * 10 = 0.8 * 10 = 8 (discount)



Textbook P121 for the second assignment of fundamentals of Economics
Suppose that the product demand function of a monopolistic competitor is p = 9400-4q and the cost function is TC = 4000 + 3000q, then the output, price and profit (unit: US dollar) of the manufacturer in equilibrium are calculated


Production according to Mr = MC
MR=9400-8Q MC=3000
9400-8Q=3000 8Q=6400 Q=800 P=9400-4*800=6200
Profit π = tr-tc = pq-4000-3000q = 6200 * 800-4000-3000 * 800 = 2556000



Statistical question: in a certain area, the sales volume of goods has increased by 5%, and the average retail price of goods has increased by 2%. How much has the sales volume increased? (to analyze) urgent!


(1 + 5%) / (1 + 2%) - 1 = 2.94%