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P5 September 2017 notes

This topic has 2 replies, 3 voices, and was last updated 7 years ago by Anonymous.

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August 7, 2017 at 7:41 pm #400972
suhfor
Member
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Greetings to all. Can someone please explain how the profits of 2,900 and 4,600 were calculated. In example 1 of chapter 8 [ demand 400u & contract size 300u, and dd 900u & cont size 700u. Thanks
August 7, 2017 at 10:13 pm #400991
Ken Garrett
Keymaster
- Topics: 10
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It is explained in the lectures.
November 23, 2017 at 3:43 pm #417634
Anonymous
Inactive
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- Replies: 1
It is 400 *contribution (11-6) = 2,000+ 300* contribution (9-6) 900 =2,900
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