macroec - Contribution per unit : price variable cost...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Key Formulas Price elasticity of demand : % of change in quantity demanded % change in price Total variable cost : Variable cost per unit x quantity Total cost : fixed cost + total variable cost
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Contribution per unit : price variable cost Break-even point : ____fixed costs_____ or (fixed costs + target profit) Contributions per unit Contribution per unit...
View Full Document

This note was uploaded on 09/02/2011 for the course ECO 2010 taught by Professor Mahmoudi during the Fall '08 term at Wayne State University.

Ask a homework question - tutors are online