WARNING: DO NOT RENAME THE SPREADSHEET. ALWAYS NAME IT "Bid.xls".
OTHERWISE THE MACRO WILL NOT RUN AND EXPLODE ON YOU!
This workbook allows you to construct a decision analysis simulation of the Antamina mine described in
To achieve basic objectives and implement fundamental qualities GAAP has
four basic assumptions, four basic principles, and four basic constraints.
Accounting Entity: assumes that the business is separate from its
owners or other bu
These are the answers to your questions:
a) The formulas for the total revenue, total cost and profit are quite
Total revenue = (price)*(quantity demanded)
= (cost per unit)*(quantity demanded) + fixed costs
= Total revenue - Total