Gce Model Questions Vol1 2017 Geography Question 44
Practice objective / multiple choice question 44 from the 2017 Gce Model Questions Vol1 Geography examination.
A textile factory sells its product for £45 per unit. Fixed costs are £500 000 per year. The variable cost is £20 per unit for the first 30 000 units; for any production above 30 000 units the variable cost falls to £18 per unit for each additional unit. A profit tax of 10 % is levied on profit before tax. What is the smallest whole number of units the factory must produce each year to achieve a net profit after tax of at least £100 000?
Answer Options
About This Question
This is Gce Model Questions Vol1 2017 Geography Question 44. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Geography examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.