Question 51

In an inflationary environment which is the correct way of calculating net present value (NPV)?
  • Question 52

    Which of the following factors would prevent a learning curve being observed for a task?
  • Question 53

    Which TWO of the following statements are correct?
  • Question 54

    LL produces an item, the Z, for which the demand curve is estimated to be:
    P = 10 - 0.0001Q
    where, P is the unit price in $ and Q is the annual sales volume in units; Marginal revenue (MR) = 10 - 0.0002Q The variable cost of producing the Z is $2 per unit. The annual fixed costs of production are $110,000.
    What is the profit maximizing output level?
  • Question 55

    An 80% learning curve is expected for a repetitive and complex task.
    Which of the following statements is correct?