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revenue with equations

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › revenue with equations

  • This topic has 5 replies, 2 voices, and was last updated 11 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • June 4, 2014 at 2:27 pm #173751
    zwahira
    Member
    • Topics: 26
    • Replies: 44
    • ☆☆

    please sir help me
    The following information relates to questions 24 and 25:
    A company has established the following selling price, costs and revenue equations for one of its products:
    Selling price (£ per unit) = 50 – 0·025Q
    Marginal revenue (£ per unit) = 50 – 0·05Q
    Total costs per month (£) = 2,000 + 15Q
    Q represents the number of units produced and sold per month.
    24 At what selling price will monthly profits be maximised?
    A £15·00
    B £17·50
    C £25·00
    D £32·50
    25 What would be the monthly profit if the selling price per unit was set at £20?
    A £1,000
    B £4,000
    C £6,000
    D £12,000

    June 5, 2014 at 9:43 am #174119
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54704
    • ☆☆☆☆☆

    This is not in the syllabus for Paper F2. (It is Paper F5)

    June 5, 2014 at 1:11 pm #174173
    zwahira
    Member
    • Topics: 26
    • Replies: 44
    • ☆☆

    Okiee actually I got it in one of f2 exams thanks

    June 5, 2014 at 2:23 pm #174202
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54704
    • ☆☆☆☆☆

    It should not have been in an F2 exam.

    June 5, 2014 at 4:56 pm #174328
    zwahira
    Member
    • Topics: 26
    • Replies: 44
    • ☆☆

    Hmm it was a long ago exams

    June 5, 2014 at 5:13 pm #174340
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54704
    • ☆☆☆☆☆

    OK 🙂

  • Author
    Posts
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