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by BlastRoom
Calculate and interpret production costs, revenue, profit, and break-even output.
#us_hs_economics
20 questions
One question set, multiple game modes. Tap any game to see it in action. Not sure which to pick?
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Earn blasts, then hunt the other team.
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The class blasts through walls together.
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Sell tours. Nice, standard, or a total scam.
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More correct answers pulls the rope your way.
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Answer, then tap to leap the frozen ridge.
A bakery pays $1,800 monthly rent whether it bakes 100 or 4,000 loaves. How is the rent classified?
A smoothie shop spends $0.70 on fruit and cups for each smoothie sold. How is this expense classified?
A factory pays its production supervisor a $4,000 monthly salary regardless of how many bicycles it makes. What type of cost is the salary?
A candle maker buys one wick for every candle produced. The cost of wicks is what type of cost?
A print shop leases its printer for $900 each month under a contract that does not depend on the number of shirts printed. What is the lease payment?
Use the cost schedule. What is the firm's total cost at this output?
According to the cost schedule, what is total cost for the listed output?
Read the schedule. What total cost does the firm incur at 200 units?
Use the cost schedule to calculate total cost at the stated output.
A firm has $700 in fixed costs and variable costs of $2.50 per unit. What is total cost when it produces 160 units?
Use the schedule. What is the firm's profit at the listed output?
According to the schedule, how much profit does the firm earn?
Read the cost schedule. What is profit at 150 units?
Use the schedule to find the firm's profit.
A food cart sells 240 meals for $8 each. Fixed costs are $500, and variable cost is $3 per meal. What is its profit?
A firm has $600 fixed costs, sells each unit for $10, and has $4 variable cost per unit. How many units must it sell to break even?
A business has $360 fixed costs. Its product sells for $9 and costs $3 per unit to make. What is its break-even quantity?
A firm pays $1,000 in fixed costs, sells each unit for $15, and has a $5 variable cost per unit. At what output does it break even?
A company has $450 fixed costs, charges $12 per unit, and pays $7.50 variable cost per unit. How many units are needed to break even?
A seller has $840 fixed costs, a price of $11 per unit, and a variable cost of $4 per unit. What is the break-even quantity?
Crack the passcode before the zombies get in.
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Shortage and Surplus
25 questions
